ES Journal - 2023/2024

[Laissez Faire]

Market's going higher...

Pulling that limit sell at 5410 and just going to see how the Open plays out. If today rallies, we should see 5420 at least.

 

[Laissez Faire]

I see 5440/50 as a possible high print today if we rally on the Open and continues.

There's an open gap at 5480. Probably not until tomorrow.

Failure point from my POV right now would be a gap up open that's not able to hold Friday's close. But even a mild dip buy below that is probably something I'd be interested in buying.

I'd need some big sells to be proven wrong right now.

 

[Laissez Faire]

We literally need a nuke in the ME to stop this market today. Where's @v-shape-0DTE???

 

[Relentless]

Trap em all at the Globex low did "they" ?

 

[Laissez Faire]

Looks like a nice little morning shakeout! See if there's enough strength to give a rally above Friday's high now.

 

[mervyn]

shorted at globex open 5365 and just closed at 5354 on 4 lots, i am clueless at the moment. would ppi and cpi hot or cold?

 

[Laissez Faire]

shorted at globex open 5365 and just closed at 5354 on 4 lots, i am clueless at the moment. would ppi and cpi hot or cold?

My guess is we rally or edge higher into CPI. If CPI comes in as expected or 0.0000001 % below, there's a huge rally.

Partially cheeky. Partially serious.

 

[mervyn]

30 points rally again?

 

[NoahA]

My guess is we rally or edge higher into CPI. If CPI comes in as expected or 0.0000001 % below, there's a huge rally.

Partially cheeky. Partially serious.

But did you really hold during that serious drop? You even mentioned that you scaled in higher. Then you say you use small stops. That huge drop must have been a fairly deep drawdown on your multiple lots.

 

[doubledoubledoublecup]

ok what is the upside target for today? 5432 reasonable?