ES Journal - 2023/2024

[Master Pu]

No. What was it?

That was it.

 

[vanzandt]

Oh that picture?
Those things.. too complicated for my little brain unless I stare at it for a bit.
What's it mean?

 

[destriero]

ES vol.

 

[destriero]

4.4% now! I think i am your counter-party!

 

[mervyn]

I am leaning short but no position open yet, let me wait for few more day’s rally. NQ is too expensive now, back to pre pandemic p/e. ES is in between.

 

[chillibean]

took a decent hit earlier. -18 on the short. Losing day. First one in quite a while luckily, but still stings. The trade offered me +12 or so, but I wanted more.
If only vaz had have posted his call a few mins earlier when i was still flat, I would have waited for his area instead before shorting and likely finished green on the day! lol
great call.
I don't really have any thoughts on the overnight action.

 

[mervyn]

Shorting before big news day is fool’s errand. We learned that for a while now. Every major news day it is a trap.

 

[schizo]

Come tomorrow, Powell and his team will not disappoint the market. Expect a huge rally tomorrow.

 

[mervyn]

Come tomorrow, Powell and his team will not disappoint the market. Expect a huge rally tomorrow.

Not sure, but will open small short if it closes up tomorrow afternoon, wait for the dip back below 4k.

 

[Master Pu]

Come tomorrow, Powell and his team will not disappoint the market. Expect a huge rally tomorrow.

If we get a dip, I think it will be scooped up.