ES Journal - 2023/2024

4K dip buyers feeling the pain, yet...? :)

The current high can be a major swing high for now or we might just be back-filling a bit. That's the tricky part. I'm day trader, so I'm glad I don't have to make those kind of grand predictions, but it's still fun trying to figure it out.

The first 2 days of the week have some resemblance to the first 2 days of last week where we broke out of the prior week range only to reverse the entire range by Thursday.
 
Here is what this looks like when you zoom out a bit. That 3900 or so area remains a key level. We'll see what happens!

upload_2023-1-25_12-21-15.png
 
So incredibly predictable...:)

If we get a nice green close today this was most likely just a minor pullback as we continue inching higher towards @schizo's target for now.

That said, we got some big numbers coming up tomorrow and Friday which could shake up things of course. In both directions.

A close below 3990 today would surprise me, but it's all probabilities, so who knows. Just very, very unlikely... :)

upload_2023-1-25_18-48-53.png
 
4K and double top sellers most likely getting creamed here. Maybe a weak little pullback to lure more of them in.

A drop from here would impress me. I just don't see it today.
 
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