ES Journal - 2023/2024

[tiddlywinks]

3917 is poc of the day, few points above that you can safely short.

 

[mervyn]

we are back to nfp day territory, could be interesting.

 

[Spooz Top 2]

IHS measurement complete & tagged at 40….

Perfect short off of MM at 40.. coincided beautifully w 3 o clock drop… double confirm!

 

[easymon1]

 

[Noone123]

Down as expected and back in chop zone. Chop chop chop.

 

[Laissez Faire]

It seems like the bullish sentiment gets strongest around or near highs and bearish sentiment gets strongest around or near lows.

Once again.

Without the FED juice I suspect this will be the way moving forward.

So, the playbook moving forward for a trader should be to stay very nimble and flexible without too strong conviction in either direction. Fade or take profit near the ranges and catch a piece of the middle without getting chopped to pieces.

As for the market this week, I still think 3900 is going to hold up. But that's this week...

 

[Buy1Sell2]

Long 3922.00 Initial stop 3888.00

This was a loss of 3 pts at closing.

 

[mervyn]

short 3925

+10

Very long hold for 10 points, it seems a little consolidation is needed today.

 

[Buy1Sell2]

All my days trades have an OCO of MOC if not closed for profit or stopout prior to.

 

[c1rcle]

Wow Tech is really flying because of the layoffs