ES Journal - 2023/2024

[theapprentice]

some selling at last. Red day for me, but really can't complain.
Think i'm down about 20 ES points today, but i've had about 3 weeks worth of like +30 point days just buying dips so not too sad about it

For now assuming this is nothing. Probably just a nice dip to buy. Generational even?!! lol

 

[Overnight]

Probably just a nice dip to buy. Generational even?!! lol

I would think the generational dip to buy would have been 6 weeks ago as far as speed goes. 450 points in a month? Oy!

 

[theapprentice]

For now assuming this is nothing. Probably just a nice dip to buy. Generational even?!! lol

yep!

didn't trade it great, though. Shoulda held them longer each time

 

[doubledoubledoublecup]

yep!

didn't trade it great, though. Shoulda held them longer each time
View attachment 329183

nice catch, but I think it topped at 06 today, above that I am back to the long side

 

[jl1575]

RSI suggests a longer term breakout from this weekly downtrend with at least 210 pts to the upside. Still looking for 4800 by years end.

ES only needs to gain about 140 pts to reach 4800 after rollover next week. It is 4660 at the moment for the March and there are 3 weeks to go. It looks like B1S2 could get it right again early on.

 

[jl1575]

The recent rally is pretty strong, and it could force the shorts to cover fast if it gets trading around 4750.

 

[jl1575]

I wonder if this looks like the Cup and Handle pattern?

 

[beginner66]

I wonder if this looks like the Cup and Handle pattern?

ask @doubledoubledoublecup & @Handle123

 

[jl1575]

Up momentum still looks strong and intact but there could be some fluctuations

 

[Buy1Sell2]

ES only needs to gain about 140 pts to reach 4800 after rollover next week. It is 4660 at the moment for the March and there are 3 weeks to go. It looks like B1S2 could get it right again early on.

Certainly possible with a Sandy Claus rally at month end.