ES Journal - 2023/2024

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Bullish pennant on SPX daily.
 
Depends on your timeline, you daytrade, I swing trade.

What's your timeline, then? You see 4200 this week?

Looks very much within weekly targets, IMO.

Question is if we get a failure to breakout above 4160 or if we get continuation from there. If the latter, 4200 should be an easy target.
 
Running them B/E stops.

ES always pulls back - doesn't it?

I see both 50 and 60 as possible sell zones for a reversal on the weekly, so not getting over confident to the long side, although that's where I'm leaning for now.

For conservative measures, I'd be happy with 59 today.
 
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