ES Journal - 2023/2024

Looks like we need a bit more festering before the potential explosion upwards.----Perhaps tomorrow --Staying long----Headed out for 19 ---Talk soon.
 
Buy1Sell2 said:
Looks like we need a bit more festering before the potential explosion upwards.----Perhaps tomorrow --
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According to my program, not gonna happen.
Down to languishing, going nowhere is on my menu.
Kind of time to place stock buy orders well down from current prices and hope to pick up a bargain which is what I've done.
But going short prolly not much good either as I think things will be choppy.
2-3 weeks forecast.
Lets see how this plays out. :)
 
Weak pivot but a potential reversal here. Holding 200 tqqq with fingerz crossed
 

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Done again about 8:00 PT: 10 pts in 7 RT. Again not worth the R:R. Hopfully can get back to more "normal" movements tomorrow. A lot more there but sticking to the plan. Need Plan B for these days, but Plan A is what being done now.
 
Unlikely that we will see a major downtrend here as we have been above the 200 day moving average for several weeks now. ---Staying long and looking for higher pricings. I'll make some long day trades on fresh momentum.
 
Buy1Sell2 said:
Unlikely that we will see a major downtrend here as we have been above the 200 day moving average for several weeks now. ---Staying long and looking for higher pricings. I'll make some long day trades on fresh momentum.
More...

MA doesn’t really matter these days as rates are overshadowed the market. It is unlikely to go either way. For longer timeframe, long is never a bad idea.
 
Wow what a change! Stepped away for a few hours and the setup is obliterated, but the longer term one is still partially there. Holding for now.
 
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