ES Journal - 2023/2024

Concinnity said:
Oh you knew it would run to the extension, did you wait till it got one point away then bought? since it's such high probability and you knew where it was going. That's how you made your 1 point?
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scalping here, carry trade in a bigger account.
 
theapprentice said:
nice push up overnight. We're at 4916 now!
My hunch is that we push up to around 4945
and then maybe a little dip
(and then on to the next ramp up to 5200)
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upload_2024-2-8_8-23-33.png


Liking how this post from Jan 24 is working out so far at least!
Lets see what the bulls can do. See how we're looking in a month or 2 I guess....
Good start, though
 
theapprentice said:
Your guess is as good as mine!
I'd be surprised to see as low as 4600 though, personally.
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Its actually a historical / statistical observation. Not a huge fan of guesswork :p.

Anyway lets hope im right cuz it would provide one hell of a buying opportunity.
 
weekly tpo sees lot of air pocket below, 4640-4660 is empty with no prints. everyone sees that, just waiting for a catalyst. maybe nycb taking over by the fed, maybe nvda missing numbers.
 
theapprentice said:
Your guess is as good as mine!
I'd be surprised to see as low as 4600 though, personally.
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That would be about 8% down from here, so not an outrageous possibility (I have no idea what it will do, just saying an 8% drop after this run wouldn't need a "the sky is falling" scenario).
 
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