ES Journal - 2023/2024

Having taken out the prior week high already with an initial failure, it's hard to say where this goes. I see some thick support at 45/50, but if that doesn't hold, it could be pay day for @schizo on his short.
 
Bidding 51 trying to pick a bottom in this area. Fundamentally and technically, I see no reason we shouldn’t sell off lower, though. So I may easily be wrong here.
 
If I were to guess I'd say we open back inside yesterday's range (above 64.50). 63 being last week's close should hold some significance.

Then it remains to be seen if yesterday's range holds for a move higher back up to 80 or if we drop on the Open back to the range low at 50 for either a full break lower or a second reversal up.

From my POV another range bound day seems likely. I have no edge for predicting this day. Just trying to follow the moves to the best of my ability. A strong trend day higher seems less likely, but let's see how it turns out.
 
vanzandt said:
Fwiw.... I'd either buy the open here in 15 minutes, or cross your fingers and hope it drops a little.
I think 4200 on the cash SPX might get taken out tomorrow. Or damn close.
As always... jmo

Is B1 back from Dubai/Japan yet?

>Hey B1!... what kind of rat-trap hotels do you stay at that don't have wifi? :cool:
More...
I dunno... I think we're going up today.
Doesn't look good though does it.
 
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