ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
How about today?
I have fairly high probabilities of at least 4175 today and would be expecting buying out of the gate on the RTH Open, but it's never certain of course.
Most likely 4190 if we continue higher.
Of course, there's the possibillity that some bigger players call BS on this rally and sell into it. Just like @mervyn. Personally, I think that may be a bit premature and we have some more juice left to the upside before seeing another larger turn lower.
I think today a likely move to test the Feb 2 cash high at 4195. A new floor will eventually be formed at 4200 cash area as a springboard higher to 4800 by year's end.
So far, so good. 
4165 could be a potential hurdle and pullback high. As soon as we trade above there - the coast should be clear for 4175 and most likely 4190. There's no reason to stop at 90, though. Just a minimum target to the upside if this is an up day.
4165 could be a potential hurdle and pullback high. As soon as we trade above there - the coast should be clear for 4175 and most likely 4190. There's no reason to stop at 90, though. Just a minimum target to the upside if this is an up day.
Turns out it was 66.50. Not 65. Vicious pullback.
Would be disappointing if the LOD doesn't hold here.
Would be disappointing if the LOD doesn't hold here.
NQ new lows. ES not.
Those pullbacks sure are nasty in real time when you have money on the line. Of course, in hindsight looking at a chart in peace they look like a minor blip.
Need to move above 66 before I feel calm, though. I think we have the LOD, but I'm not 100 % convinced yet.
Need to move above 66 before I feel calm, though. I think we have the LOD, but I'm not 100 % convinced yet.
My memo just came in. It states 4205 for HOD.
I pray you're right, but these gyrations and deep pullbacks are making me dizzy.
I think I'll take a conservative target if we do trade higher from here.