ES Journal - 2023/2024

[Laissez Faire]

2 back-to-back trend days.

There's a chance we have the HOD already, but I'm betting we'll see another push towards the highs at least.

 

[schizo]

Yes. We should see a push towards ~ 4000-4030 next. Just not convinced yet we'll get legs above that level. Let's just see when we get there...

Yeah. Nailed it.

How come I see 4050 as HOD?

 

[schizo]

If we get lucky, we should see 4080 today.

Either way, just HODL until we get up to 4400. Uh huh, uh huh

 

[Laissez Faire]

How come I see 4050 as HOD?

You mean 4051 which we already put in at 11:25?

Like I just posted it seems to me there's a small chance we already put in the HOD, but I think there's enough punch here for another thrust higher. If that thrust takes out the HOD or not is uncertain.

Right now it's chop hour, so might not be happening until later.

Let's see if we're breaking out now.

 

[Laissez Faire]

If we get lucky, we should see 4080 today.

Either way, just HODL until we get up to 4400. Uh huh, uh huh

May I ask what's the significance of 4080?

Seems like a stretch to me today, but definitely within the realm of possible... Particularly as I don't see any obvious levels above the HOD to reverse this.

But, we stalled for now, so no 4080 unless we can pick up some steam again to the up side.

 

[schizo]

Like you said, we'll likely chop around for the next hour (lunch) and then shoot for the moon afterward. Where did the 4080 come from? Nostradamus

 

[Laissez Faire]

Like you said, we'll likely chop around for the next hour (lunch) and then shoot for the moon afterward. Where did the 4080 come from? Nostradamus

I can easily see it if we breakout above the HOD as there's a lot of air above, but my confidence level isn't strong enough that I will add to a trade on that today.

We've gone a bit too much over the last few days for that.

 

[Georpe]

May I ask what's the significance of 4080?

Probably the NPOC just below it.

 

[schizo]

I can easily see it if we breakout above the HOD as there's a lot of air above, but my confidence level isn't strong enough that I will add to a trade on that today.

We've gone a bit too much over the last few days for that.

Well, we've had 3 days of correction. Now we're only into day 2 of this rally. You usually get anywhere between 3-5 days. So we're just starting. As I previously stated, I'm pretty sure 4100 will get hit. If we can sail above 4100, then 4400 is a given IMO.

 

[formikatrading]

There you go!

Yeah. Nailed it.