ES Journal - 2023/2024

Reversed off yesterday's high for now. Let's see if that holds. I'm taking a stab at the long side here once again, but I may be too early in case we go for the full gap fill.
 
seems like a swing trader's market to me.

also a few megacaps along with qqq took out opening range lows, and are now reversing. I don't like to buy into conspiracies, but it seems like the algos like to shake people out at the beginning of the move and then not give them a good chance to enter later. peter brandt alluded to this after he returned to trading after his hiatus
 
I'm curious if the window dressers have enough strength to reverse this entire day all the way back up to 4090 - 4110 by the Close.

What I know is that these days tend to not reverse at this point in time. And reversing off yesterday's high was a tell, IMO.

So, cautiously optimistic, but not in any way over confident after this larger pullback.

Laissez Faire said:
Reversed off yesterday's high for now. Let's see if that holds. I'm taking a stab at the long side here once again, but I may be too early in case we go for the full gap fill.
More...

Added one at 70.

May add a few more above 76 if this picks up steam.

76 could reverse it, but better if we move right through... :)

upload_2023-3-30_20-24-58.png
 
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