ES Journal - 2021/2022

[SunTrader]

I didn’t count lately but last time I posted we have been crossing the mark 6 times, always tries to bounce above.

Might be right, but all I see currently is downside 3786 & upside 3870 levels as key.

 

[mervyn]

I am watching 3846 ES level. On my chart is the technical bear market mark. We haven't had a bear market since 2008, some may want to see one.

3855 on SPX.

we are crossing the mark again.

didn’t initiate trades but don’t see much upside yet, may go short again.

 

[SunTrader]

Might be right, but all I see currently is downside 3786 & upside 3870 levels as key.

So far HOD is 3868

 

[mervyn]

short ym

 

[Cessna06P]

A lot of chop in this range for a couple of hours....and when we leave the range which way do we go?

 

[schizo]

We're just gonna chop for the rest of the session. We've already put in the HOD and I don't expect a selloff either.

 

[mervyn]

We're just gonna chop for the rest of the session. We've already put in the HOD and I don't expect a selloff either.

It is a bill trap, take profits now!

 

[vanzandt]

We're just gonna chop for the rest of the session. We've already put in the HOD and I don't expect a selloff either.

I think we're gonna get a decent move. And as Cessna asked... which way.
Volume's low, not too many players.
Maybe a quick drop just short of vwap and then a moonshot up.

 

[Georpe]

There's a measured move at 3900

 

[Cessna06P]

Long 1 at 3875.50