ES Journal - 2023/2024

[theapprentice]

trying ss here

View attachment 345557

out

 

[vanzandt]

Could be time to short, but right now, there is no obvious reason to be short. I tend to like trades where it is obvious to be either long or short.

updates?

 

[schizo]

updates?

He sez he waits until it's obvious. Well, he got stopped out. Obviously. Lol

 

[poopy]

Haha... I thought real hard before I asked. Some of your posts take me a few minutes to decipher, but when finally do, it like hmmm... that's pretty good. I dunno about the long bias though. I sure hope you're right. Trading accounts are one thing, retirement accounts are another.

You can go discretely asym (one unit from symmetric on strikes) here in index and get paid to hold upside deltas. It's a possible 7-10 bagger with little to no downside risk.

The switch (term structure edge) is even fatter.

 

[poopy]

updates?

He and Kyle are traveling.

 

[poopy]

Best risk is in RUT, and SMH on the ETF-side. Semis (AMD, AMAT). Do not trade upside NVDA in vol. It's crowded and -edge. You can go long but not explicitly vol (bull or bear verts are OK).

 

[poopy]

It will paint a doji. Bull trends are very powerful and it's not going to reverse, just because it was weak the past few weeks. Once the bearishness is lost, it's hard to regain. Those algos go away and are replaced by the ones that buy every dip.

I posted earlier in the week about it being bullish, and yes yesterday happened, but it's still getting to the target. When I post the week to week stuff it's usually pretty good, but hard to nail it every single day.

Did the Doji predict 446 marked? #allergictomoney

 

[Spectre2007]

Unless there is geopolitical news over the weekend, I would not hold shorts over the weekend. Closed sessions have a way of healing sentiment.

 

[mervyn]

see 100dma shortly, last time is in april. no trading until it can bounce that line.

100 ping.

let's see if it is april again, i doubt it.

 

[schizo]

Short 59