dump time. Good news comes out quick
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
dump time. Good news comes out quick
4122 last week's low.
4112 the low of the week before that.
Found some support here for now.
Only 1.95 % down on the week and not even a a full percent down on the day, but in a sense it feels like more. Maybe due to how quickly and cleanly we went lower. Bidless market all the way down on the the continuous charts.
Possible bounce area here, though. NQ putting in higher lows already.
4112 the low of the week before that.
Found some support here for now.
Only 1.95 % down on the week and not even a a full percent down on the day, but in a sense it feels like more. Maybe due to how quickly and cleanly we went lower. Bidless market all the way down on the the continuous charts.
Possible bounce area here, though. NQ putting in higher lows already.
Open gap below at 4077.50 which could be a target if this area doesn't hold. Doesn't look too bullish at the moment.
If the LOD holds and we can start moving above 4130, I can see 4150 by the Close, but I don't see why we won't break and get continuation lower either, so not much an edge for me today.
If we go up to 4129, I'd say it's key to watch if that's an area that gets sold for a move lower or not. Reversing off there or blowing through could offer a hint of what's possible for the rest of the day either way.
I'm sure those FOMC minutes at 14:00 could easily shake up things, too.
If we go up to 4129, I'd say it's key to watch if that's an area that gets sold for a move lower or not. Reversing off there or blowing through could offer a hint of what's possible for the rest of the day either way.
I'm sure those FOMC minutes at 14:00 could easily shake up things, too.
Have to say I'm leaning short here. Weak bounces. Let's see now.
Not much happening after breaking the LOD. Slow motion sell-off. But I see no buy signals yet.
Funny how the bears were taken to the cleaners last week and this week it's the bulls who got stuck as bagholders at the top.
No mercy in this market.
No mercy in this market.
Plenty of FED speak this and last week, so maybe the cat was already out of the bag.
Took a quick peek and it didn’t seem particularly hawkish.