Just a mention that as of 11:55am pst, the 13 point gain is 40% of todays ES RTH range.
Not shabby! Plus you are ready for whatever you deem to be NEXT.
Good trade B1S2!
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Just a mention that as of 11:55am pst, the 13 point gain is 40% of todays ES RTH range.
Not shabby! Plus you are ready for whatever you deem to be NEXT.
Good trade B1S2!
Thanks---It would be nice to also see another 20 points or so and close above the week's open.
ended up taking 2 more trades
+29.25 for the day
+29.25 for the day
I also took a few stabs at that triple bottom before I lucked out on my third attempt.
Looks like another failure week for the Mickey Mouse algorithm. Consistently getting it wrong. Better to toss a coin, IMO... 
Very few can predict where the market is going. Trying to predict each day of the week in advance is just silly - especially in these conditions.
Like I said a few times now people are getting bullish near highs and bearish near lows. That seems to be the way. And I expect that to continue happening moving forward in 2023.
This is a post-FED market. And I saw @Overnight getting some flak for actually understanding that. No FED-juice, no bull market.
Very few can predict where the market is going. Trying to predict each day of the week in advance is just silly - especially in these conditions.
Like I said a few times now people are getting bullish near highs and bearish near lows. That seems to be the way. And I expect that to continue happening moving forward in 2023.
This is a post-FED market. And I saw @Overnight getting some flak for actually understanding that. No FED-juice, no bull market.
Looks like another failure week for the Mickey Mouse algorithm. Consistently getting it wrong. Better to toss a coin, IMO...
Very few can predict where the market is going. Trying to predict each day of the week in advance is just silly - especially in these conditions.
Like I said a few times now people are getting bullish near highs and bearish near lows. That seems to be the way. And I expect that to continue happening moving forward in 2023.
What's not to understand? High P/E on Decling Earnings is an expensive market.
https://advantage.factset.com/hubfs...k/Earnings Insight/EarningsInsight_021723.pdf