Weekly Open here at 32.50.
Paying attention to what's happening here, i.e., rejection or breaking back above.
Paying attention to what's happening here, i.e., rejection or breaking back above.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Gyrating around the weekly Open. Looks like 4140 to me intraday if we find a bid here, but I don't see this going much higher than that today.
Wrong below 27. Not sure I want to play here as this can easily slide lower, but I may take a small stop long.
Sidelined for now.
Wrong below 27. Not sure I want to play here as this can easily slide lower, but I may take a small stop long.
Sidelined for now.
And wrong. Glad I sidelined.
I think this is a tricky spot for intraday trading. I'm thinking we're closing in on a medium term top and this may be it for the up side for now or just a deeper pullback. Hard to tell.
Dumping into the Close appears just as likely as a bid coming in here on this next push lower.
Just as everyone was conditioned to long only and thought BTFD was back in vogue...
Here it comes.
the bounce
Not a prediction medium/long-term as that's beyond me, but I would assume the gaps from last week's rally to be filled in not too long.
For now, this market is acting like it's been doing for the last 1 1/2 years - luring people in at tops and bottoms. Both longs and shorts.
For now, this market is acting like it's been doing for the last 1 1/2 years - luring people in at tops and bottoms. Both longs and shorts.
Good call yesterday. Pity you got stopped out.
Looking good on this one.
When you're no longer mad at me, maybe you'll teach me how to sell into "strength". Still the hardest trade for me to do.