This ended up as a loss of 88 pts.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Is the uptrend broken? Are you still long the other longer tf contracts, etc? Inquiring minds want to know
I am getting concerned about you, B1. You are even betraying your nick of B1S2. Haven't you seen the overarching-trend of the past 6 weeks? It is down! I think you have Overnight bull contagion! You even typed in this thread you took an 88-point ES hit on a recent long. And now with this SIVB shit, you still think we have a long case?
May the CPI/PPI force be with us. This month is going to be as FUBAR as March 2020.
As they say, practice makes perfect. I'm sure he'll catch on sooner or later.
As they say, practice makes perfect. I'm sure he'll catch on sooner or later.
DOH! That is kind of rude and funny at the same time. I caught that meaning, you meanie! Hehehe
I'm rescinding my pivot perspective from a few pages ago, because two banks just failed. Long term chart counts out to a possible 5-3 pointing downward, and so does the latest MA bounce signal, however the daily and weekly timeframes are showing opposite directions.
Even the T/A seems to be indecisive, and at this point I believe the market will wait for the government to step in and do another TARP style liquidity swap for the long dated treasuries that are causing all the trouble on various banks' balance sheets (if they are market to market there will be a huge loss, so any "mass withdrawl" scenario will push them to insolvency).
Opened up a small (100 share) Sqqq position in the last hour on Friday.
We're at a potential inflection point. Two banks just failed.
Even the T/A seems to be indecisive, and at this point I believe the market will wait for the government to step in and do another TARP style liquidity swap for the long dated treasuries that are causing all the trouble on various banks' balance sheets (if they are market to market there will be a huge loss, so any "mass withdrawl" scenario will push them to insolvency).
Opened up a small (100 share) Sqqq position in the last hour on Friday.
We're at a potential inflection point. Two banks just failed.
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