ES Journal - 2021/2022

[mervyn]

Sesame Street chart final...

The gap has filled.
The lateral zone has ended.

'til next time...
3926 and 3988 upside targets.
3810 and 3722 downside targets.

Ho-Ho-Ho!!
Happy Holidays!!

View attachment 301825

Good Sierra charting. Does it have the function to collapse current day volume profile into previous days? MultiCharts can do that in TPO only, but looks awful.

 

[mervyn]

On TPO, 3900 pocket ought to be filled, then we shall go lower to 3780 pocket.

on VP, will put a stop at 100 ema.

 

[Cessna06P]

Short 1 es at 3886

 

[Cessna06P]

and out 3886.75

 

[schizo]

and out 3886.75

Man, you must have small balls. Sorry, couldn't resist.

 

[schizo]

If Santa rally does materialize, we should go as high as 4040. The caveat is that we must first clear above 3920, and the sooner the better.

 

[vanzandt]

If Santa rally does materialize, we should go as high as 4040. The caveat is that we must first clear above 3920, and the sooner the better.

Yeah. On most number-lines, 3920 comes before 4040.

 

[vanzandt]

If Santa rally does materialize, we should go as high as 4040. The caveat is that we must first clear above 3920, and the sooner the better.

Never short a dull market after Xmas.... but with that said keeping in mind where we're at bigger picture-wise, watch the bottom fall out tonight and reset itself right where it started.. or at best... slightly above.

 

[schizo]

watch the bottom fall out tonight and reset itself right where it started.. or at best... slightly above.

I'm not sure about that. I think we will go up to 3920 area tonight (last Thursday's high) and then retrace back down to 3900 or thereabout (where we're currently trading) before the market opens. So, in effect, ES will gap up about 30 points at the open. That will give further catalyst to push it up higher in RTH session. We should see 3950 for HOD tomorrow.

 

[Buy1Sell2]

Monthly chart----What does it mean for tomorrow? --Little to nothing.