below 4k
we had 5 naked poc straight up until today, can't remember the last time this occured, maybe in 2021
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
below 4k
we had 5 naked poc straight up until today, can't remember the last time this occured, maybe in 2021
14.25 points. No biggie on a day that's down 48 points from high to low in RTH.
Most down days don't close at the bottom of the range.
15 ish to 31.50 . Who’s counting . Still in uptrend .
Could be. Pullback or reversal. That's anyone's guess at this point. I've no idea, but I'll have to say I would be leaning towards lower if I had to say.
Eh? why should I be mad at you?
Anyway, it's all boils down to "traps".Good low risk entry down here (4119) for a move back up to 4130 or so.
Picking a bottom here for sure, but the R/R is right and it's a slow and controlled pace with NQ putting in higher lows.
If it breaks lower it does look like 4100 next, but I'm assuming this is a pullback low for now.
If it breaks lower it does look like 4100 next, but I'm assuming this is a pullback low for now.
Predictive modeling:
Yesterday was an Outside Day.
For this particular type of Outside Day - the odds of a positive close in RTH is very, very high (83 %) and we should see the main move going higher. And the odds of a close above yesterday's low are extremely high (dare I say 100 % ?).
Unless something changed yesterday and someone really wants to start selling, we should see at least 4140 in today's RTH session. Quite possibly more.
That's my prediction. So might hold for that as a target if I'm not stopped out here. Will probably re-enter if I'm low ticked or re-enter at lower prices.
Yesterday was an Outside Day.
For this particular type of Outside Day - the odds of a positive close in RTH is very, very high (83 %) and we should see the main move going higher. And the odds of a close above yesterday's low are extremely high (dare I say 100 % ?).
Unless something changed yesterday and someone really wants to start selling, we should see at least 4140 in today's RTH session. Quite possibly more.
That's my prediction. So might hold for that as a target if I'm not stopped out here. Will probably re-enter if I'm low ticked or re-enter at lower prices.