ES Journal - 2023/2024

[theapprentice]

covering shrot here

 

[Overnight]

So much for a cold print on JOLTS.

 

[theapprentice]

trying ss here

+12.5

 

[Laissez Faire]

That was a real JOLT.

Probably last week's low in play now. Or at least vanzandt's 4280.

 

[Laissez Faire]

Tough to be short now as this is an area which could trigger some buying. There's an open gap on SPX approximately 20 points below the current LOD, though.

 

[Laissez Faire]

Paying attention to 4313 / 16 if we get there. Potential reversal areas. Would not be an uncommon pattern if we rally a bit the first hour and reverse down afterwards to take out yesterday's LOD.

Very common pattern on a Tuesday following a weak Monday if we open at bottom of the prior day range.

 

[theapprentice]

L here 77

 

[theapprentice]

out -8

 

[Laissez Faire]

There's an open gap on SPX approximately 20 points below the current LOD, though.

Looks like we'll get there today. 200 MA just below. Waiting a bit before attempting any longs.

 

[theapprentice]

out -8

likely done for the day. Not easy! I didn't expect this crash personally. Maybe back later. Could be worse

Still up 6 ES points or so for the day so can't grumble