ES Journal - 2023/2024

vanzandt said:
4111 spx cash.
My signals are hinting at a run north into the close.
It would be nuts if we closed green today.
Could happen.
More...

The rate hike is priced in, any surprise like a "pause" and up we go. But considering it's priced in, looking at some of these earnings, these companies are doing remarkably well, so we might have the best of both worlds.... Powell raises the forcast .25, the market expects that, and goes up on earnings.

Color me bullish for now.
If he raises .5 though, all bets off.
 
vanzandt said:
The rate hike is priced in, any surprise like a "pause" and up we go. But considering it's priced in, looking at some of these earnings, these companies are doing remarkably well, so we might have the best of both worlds.... Powell raises the forcast .25, the market expects that, and goes up on earnings.

Color me bullish for now.
If he raises .5 though, all bets off.
More...

Very low odds of .5 raise, but who knows ;)
 
vanzandt said:
4111 spx cash.
My signals are hinting at a run north into the close.
It would be nuts if we closed green today.
Could happen.
More...

That would be very impressive.

Very unlikely, but sure, similar things have happened in the past. I've seen stranger things.

These type of day's usually retrace the 50 % level after the initial trend down is broken, so 4141 now. If we start ripping above there, well, who knows.
 
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