ES Journal - 2023/2024

c1rcle said:
I would say long and up mainly because of the recent trend and the latest hour is down before the "news".
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It does indeed seem most likely. I'm not totally convinced, though. My view is simply that the number coming out in ten minutes will be the deciding factor.

People who are either bearish or bullish will then mistakenly attribute their analysis as skill when it was probably luck.

I may be wrong.
 
Laissez Faire said:
It does indeed seem most likely. I'm not totally convinced, though. My view is simply that the number coming out in ten minutes will be the deciding factor.

People who are either bearish or bullish will then mistakenly attribute their analysis as skill when it was probably luck.

I may be wrong.
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I think this news could be interpreted in both negative and positive ways, which doesnt help
 
Laissez Faire said:
The daily chart is now set up such that everyone can be a hindsight genius if we drop or explode to the up side, i.e., it was obvious we were going higher/lower as the chart told the story.

So, if anyone wants to make a prediction for today and tomorrow, let's hear it now. Not later. :)
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The way it's moving, it ain't gonna make any of us hindsight genius. LOL
 
[8:30 AM, 1/26/2023] Mark Brown: 4071 is the upside target if we trade back to 4030 then 4011 is the downside target

[8:33 AM, 1/26/2023] Mark Brown: the average 24 hour range is 62 points we have used 39 of those points in the overnight so if we have an average 24 hour range there should be 23 points left for this day session.
 
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