ES Journal - 2023/2024

Today was a massive failure to salvage the month of July, so screw you bulls for not giving me 5600 today. :)

I think NQ wants a dip below last week's low today before we can see any bottom of this sell. Only 40 NQ points shy from the current LOD.

Should get interesting if that's not bought. If so, ES may very well take out last week's low, too, i.e., 5432,50.
 
Today was a massive failure to salvage the month of July, so screw you bulls for not giving me 5600 today. :)
opera-singer.jpg


:D
 
Nah. This is still an unstoppable bull market, with a minor hiccup the past few weeks. So damn bullish. Every dip getting bought like crazy. This thing just wants to rip, explode, pump. It was red for minutes and such an aggressive V. This fake "bear market" is so over. Enjoy the bull run. I'll be back later this week when we are near the QQQ 481 gap being filled.










454 last.






excelsior!
 
Well, fuck me. Today didn't go as planned, but thanks to the Market Gods who delivered volatility, I was able to switch short late and salvage the day. In the past, I might probably have been stubborn on my views and kept going long. NQ taking out yesterday's low was about when I shorted ES.

ES/SPX pretty much filled the gap from last week here, so may be enough for a bottom, but I'm not playing. Wouldn't surprise me if ES takes out last week's low by the close, although it's looking like a bottom for now.
 
I don't know if today's the day, but when I wrote this, while I was referring to Apple, my premise was that this would occur for all of the big tech stocks. And then we'd be off to new highs.

but you risk missing a huge intraday reversal when the whales surprise everyone again and turn on the buy orders. And that's when it'll happen btw. Intraday, not on an overnight gap up open. Beware of those. But it's coming. --->Soon.



~van

Is today that day?
 
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