Nice entry. You might just get lucky on that one.
While we sold off a bit today, I don't think it was enough technical damage to negate new highs be end of this week.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Nice entry. You might just get lucky on that one.
While we sold off a bit today, I don't think it was enough technical damage to negate new highs be end of this week.
Because I'm guessing with small moves, narrow days it's not ideal for day trading, you guys like wild swings.
Wild swings are found at tops and bottoms, a slow grind up, mmmm, I'm expecting to hear the complaints.
Because I'm guessing with small moves, narrow days it's not ideal for day trading, you guys like wild swings.
Wild swings are found at tops and bottoms, a slow grind up, mmmm, I'm expecting to hear the complaints.
Personally, I don't like it too wild. As long as it moves.
However, I don't see volatility calming down anytime soon. Was that your prediction?
According to @schizo things are going to get really wild some time later this year. I have no idea, but there seems to be too much going on in the world to see any price stability in the near foreseeable future.
Predictions are kind of futile, especially long term.
The way I work, I can feel the current sentiment and plan around that.
For me, there are times to be in and times to stay out.
Right now I'm polar opposite to Ken, he's "go bears", I'm thinking "go bulls".
The bear market of late is over imo, we've seen double bottoms, mkts are rising.
The initial phase of climbing out of a bear mkt is slow, apprehension, low volatile.
Once dumb money click on, then we see much later the parabolic climb.
Edit, but not dumb money should pile in on top of dumb money to rake in.
Prediction totally wrong----Maybe I had the day incorrect.
4100 floor holding for now.
Underwearer?
lol, it is creeping up so good so far and hopefully it gets creepier.
Double Entendre for the reader in Rio Linda