Earnings, dude. Zig-zag into the winds.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Earnings, dude. Zig-zag into the winds.
Dude, screw them fundamentals
They never helped in my 30 years as a trader and probably never will.L 3999
stp at 89
stp at 89
out here +12
4030 today?
It's a holiday, so probably not much happening. Low volume grind higher or range bound.
Could you expand on that interesting comment...?
As for the statistics I provided earlier they were slightly surprising to me, but only slightly. I was expecting there to be a slight bias for down days. Interestingly it was the opposite way around.
i will not be trading today but my downside target is 3972.50 and my upside target is 4067.50 i think if there is any movement today it will head to one of these numbers.
you will see the targets on the image below - the dotted lines.
updated image to include close targets
you will see the targets on the image below - the dotted lines.
updated image to include close targets
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I would be very happy with 4067.50, but that seems like a stretch today on a holiday. We covered a lot of ground last week, so might be taking a breather here, IMO.
I'd be curious if we could tag ~ 4030 today, but I'm not holding my breath.
I'd be curious if we could tag ~ 4030 today, but I'm not holding my breath.
4043.75 is a close target also for up side and 3996.25 for the downside
slow day but you never know.
Long Exit Price ...............: 4067.50
Long Entry Buy Stop ....: 4043.75
Long Entry StopLoss ....: 4019.75
Short Entry StopLoss ...: 4020.25
Short Entry Sell Stop ...: 3996.25
Short Exit Price ..............: 3972.50
Both ES/NQ reversed/stalling at Friday's Close for now. Not much counter-movement, though.
The only thing that would surprise me today is if we actually see any sustained selling below 4K. I just don't see it today.
Most likely we grind 4013-4020 before we start moving higher.
The only thing that would surprise me today is if we actually see any sustained selling below 4K. I just don't see it today.
Most likely we grind 4013-4020 before we start moving higher.
50 % dip buyers showed up. Not much happening as expected. Markets are closing soon, so maybe the best we can hope for 4020 from here.