ES Journal - 2021/2022

These large bars on higher time frames indicate two-sided action.

Ultimately, I do think we're headed lower medium-term, but I'm thinking today could be a breather. Of course, there's always the chance we'll see continuation lower as soon as today.

Taking a small long entry here at 70. Will add a few if we go higher making sure I don't take a full loss on a full position. That's key for me.

EDIT: Unless today's an Inside Day (or we take out Friday's LOD), we should see 3915 today.

EDIT: Will scratch that long at 65.
 
schizo said:
So you've decided to take the red pill and enter the rabbit hole. Allow me to divulge a little secret. We will most likely revisit the Friday low. If we get lucky, we might even see 3800. Of course, it won't be a smooth ride, so always proceed with caution. :cool:
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Going along as planned?
 
schizo said:
Going along as planned?
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We covered a lot of ground last week, so I was thinking today would be a breather, but I may have been wrong there.

So far, not much happening on ES. A bit more action on NQ.

I'm wary of the market finding a bid in this zone, so don't have very strong confidence in shorting today.

Should be interesting to see if we get any action below Friday's LOD or not.
 
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