ES Journal - 2023/2024

mervyn · Jan 10, 2023

i'd sell anything over 3900, not yet, waiting for the chart confirmation. tested 3890, it will head back down again.

Buy1Sell2 · Jan 10, 2023

mervyn said:
i'd sell anything over 3900, not yet, waiting for the chart confirmation. tested 3890, it will head back down again.

short term or long term?

mervyn · Jan 10, 2023

Buy1Sell2 said:
short term or long term?

short term, today is better but in the next few days for sure. can't go long.

Laissez Faire · Jan 10, 2023

Whippy moves. Running stops left and right.

I just don't have the conviction to short this. I'm waiting to see if we can trade higher to enter a long, but not entering anything inside this mess right now.

SunTrader · Jan 10, 2023

RTH DDF points to no bias either way - although more bars were above DDF 10am close was near 1st 5min avg and VWAP.

Laissez Faire · Jan 10, 2023

The problem with shorting is that we have major support here around 3900.

Still leaning long here, guys.

Maybe this is a fantastic sell in hindsight and that 3900 level won't hold for a minute, but right now I just don't see it.

zzz123 · Jan 10, 2023

the real nice trend should be around 3980 if we do can get there, can put on a very tight stop all the way to the top, then the fun is over, no short left for long service no more.

chillibean · Jan 10, 2023

short 3930
stp at 3942

Laissez Faire · Jan 10, 2023

Would be odd to not see 3950 today. Outside Day potential (3980).

But what do I know...

mervyn · Jan 10, 2023

chillibean said:
short 3930
stp at 3942

nice call, copy the short and closed with 10 points.