ES Journal - 2023/2024

vanzandt · Feb 22, 2023

I think I would go short tonight tbh. I'm almost afraid to say it for fear of being wrong, but I'd say right here.... 4012.25
Well, be careful, but I think we're heading south again.
Maybe set a limit entry at 4018 with a stop pretty close above, just to be safe if you don't feel bold.

Overnight · Feb 22, 2023

vanzandt said:
I think I would go short tonight tbh. I'm almost afraid to say it for fear of being wrong, but I'd say right here.... 4012.25
Well, be careful, but I think we're heading south again.
Maybe set a limit entry at 4018 with a stop pretty close above, just to be safe if you don't feel bold.

We got past the 8PM open and it is heading north. 9PM and 10 PM coming, I see no reason for lack of follow-through. We gots Y/Y Euro CPI incoming at 5AM ET which is predicted to be hotter than last print, so who knows.

MarkBrown · Feb 22, 2023

next 24

Long Exit Price ...............: 4046.50
Long Entry Buy Stop ....: 4028.25
Long Entry StopLoss ....: 4009.75

Short Entry StopLoss ...: 4010.25
Short Entry Sell Stop ....: 3991.75
Short Exit Price ...............: 3973.50

destriero · Feb 22, 2023

vanzandt said:
I think I would go short tonight tbh. I'm almost afraid to say it for fear of being wrong, but I'd say right here.... 4012.25
Well, be careful, but I think we're heading south again.
Maybe set a limit entry at 4018 with a stop pretty close above, just to be safe if you don't feel bold.

You're there. Don't short ES below 4030. Don't short it, at all.

Overnight · Feb 22, 2023

vanzandt said:
I think I would go short tonight tbh. I'm almost afraid to say it for fear of being wrong, but I'd say right here.... 4012.25
Well, be careful, but I think we're heading south again.
Maybe set a limit entry at 4018 with a stop pretty close above, just to be safe if you don't feel bold.

We've passed the 9PM mark, no real movement. Last one is 10PM. After that mark with no movement? Drifting into the Eurotrash starting at 2AM. And then our own trash of unemployment numbers and preliminary GDP at 8:30AM. Blah!

schizo · Feb 22, 2023

destriero said:
You're there. Don't short ES below 4030. Don't short it, at all.

Hmmm, I say hold off on shorting until we reach 4050-ish. And even then we might continue higher. So don't short it, at all.

vanzandt · Feb 22, 2023

destriero said:
You're there. Don't short ES below 4030. Don't short it, at all.

Wow.
That's coming from you.
Certainly gives it weight.
Ok, definitely noted.

Edit:
Again.... that was a pure overnight call on my part. Very short term.

Edit 2... Gotta be honest here... I lied in the above (in edit #1)... it did include thru Friday in my eyes.
That said... huge weight since you chimed in.
Hmmmm.

vanzandt · Feb 22, 2023

Buy1Sell2 said:
new bull market with 4800 by year's end. .

No way.
3400 more like it. Tops.

Overnight · Feb 22, 2023

schizo said:
Hmmm, I say hold off on shorting until we reach 4050-ish. And even then we might continue higher. So don't short it, at all.

If we don't want to short it until it reaches 4050, then why are we not longing it right now at 4015 and setting PT at 4050? Baffling.

vanzandt · Feb 22, 2023

vanzandt said:
I think I would go short tonight tbh. I'm almost afraid to say it for fear of being wrong, but I'd say right here.... 4012.25
Well, be careful, but I think we're heading south again.
Maybe set a limit entry at 4018 with a stop pretty close above, just to be safe if you don't feel bold.

There's 4018
We shall see.