ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
To speculate what might happen just next week is hard enough, yet you're able to see all the way out to the end of the year (not to mention your target is nearly the same as ATH). Simply, wow
Weak pullback - check. Bounced off last week's 50 % and POC (RTH).
From the looks of it at the moment - 4160 today?
That's assuming we take out this 4140/45 area of course.
From the looks of it at the moment - 4160 today?
That's assuming we take out this 4140/45 area of course.
...and hold up above say 32. 
Stuck in a range for now. Could always be we won't see any fireworks until tomorrow. Leaning long, though.
Stuck in a range for now. Could always be we won't see any fireworks until tomorrow. Leaning long, though.
https://www.investing.com/economic-calendar/cftc-s-p-500-speculative-positions-1619
short positions are the highest since June 2020, brace for the impact.
short positions are the highest since June 2020, brace for the impact.
Care to elaborate?
I never really used the COT report, but I think I've picked up that speculators generally are wrong. So, if speculators are very short here here, that sounds like we're set up for a nice short squeeze?
Or do you interpret it in some other way?
And they will lose, silly-ass hedge funds will be killed, again.
my suggestion is to lock in some profits and load up again unless you just own 1 position.
bought some 50 cents vix as well.
Coming into range high here...
...let's see if someone sells this or if we squeeze a bit. Would assume the latter, but happy if I get 49 today. May not be the day to be greedy...
...let's see if someone sells this or if we squeeze a bit. Would assume the latter, but happy if I get 49 today. May not be the day to be greedy...