ES Journal - 2023/2024

Six days and counting where sellers tried to take this down below the 6.12 high and found buyers still hungry to buy more than those sellers were willing to sell.

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July 11/12 would be the target for this to be "forced" up or down based on the channel I've drawn. I doubt the ES cares that I took the trouble to draw it. The point I am making is that we could be stuck more or less inside of Friday's range for a couple of more weeks if that is what is in the cards. But whenever I try to predict the future, I'm reminded of this.

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Flat that short here at 30. Waiting for the long. Might even be good right here. Maybe a gap fill and a test of Friday’s low first.

See if we can get a 45/50 touch in RTH.
 
Those deep pullbacks. Move stop back down to 07 just in case as I still think that may have been the LOD and I don't want to be low ticked out of the position.

Looked promising for a minute.
 
Last swing low = 07.50. Stop at 07.

Got lucky so far. Considered putting it at 08. May still get stopped out, though.

If we break lower, I would bet it's limited, though, so will probably try long again for at least a green close.

Unless Friday's sell actually meant something. Could be uncertainty around the election following Thursday's debate and the implication for the markets.

But that's just speculation. :)
 
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