ES Journal - 2023/2024

[Laissez Faire]

Right now, doesn't seem to be further appetite for downside.

The day is still fairly young...

I have a slight bullish bias (statistically), but it's far from certain...one of those fuzzy days.

Both ES/NQ reversed off the current 50 % level for now.

 

[Laissez Faire]

It's a juicy bear flag setting up over the last 90 minutes, but I have a hunch that today's not the day. I'm guessing a final decisive push above 4476 would be the death stab for the bears today.

NQ 15280 and ES 4497 looks possible by the Close if nobody sells into this level.

 

[Laissez Faire]

Fizzled out up there. Overall an uneventful afternoon session.

 

[mervyn]

just look at the 4 points flat line, not trading today. booked $75 in YM, slow start.

 

[Spooz Top 2]

Going flat here from April cost basis 4167.50.... at 4607 even.... Longest hold time of my career on 12 Lot.

Reestablishing Long position here @ 4454 even... with more to buy!

 

[Spooz Top 2]

Reestablishing Long position here @ 4454 even... with more to buy!

I strongly anticipate Fridays end of week closing print to be at or above the 4505-10 pivot.....

 

[schizo]

Reestablishing Long position here @ 4454 even... with more to buy!

Jumping in long as well at 4452.50
SL 4438

 

[Spooz Top 2]

Reestablishing Long position here @ 4454 even... with more to buy!

I`m also bid SPX 4450 Sept Calls.... Friday EOD exit should I get hit!

 

[mervyn]

Reestablishing Long position here @ 4454 even... with more to buy!

if anything, better wait after the jackson hole. blood-letting on the bond side, bank runs will start again soon.

 

[Laissez Faire]

Reestablishing Long position here @ 4454 even... with more to buy!

Curious what's your rationale is if it's not a secret? I was bullish going into this week and it looked good by Monday's Close, but Tuesday's late session sell-off made me re-consider.

Wouldn't be surprised to see this correction continue lower, but I have no strong opinion.