ES Journal - 2023/2024

Picked up more than a buck on CL from yesterday near the closing under 70.50, out at 72. It seems oil is much easier to trade in the last few weeks. Closed half my ES shorts at 4750, wanted to wait for 20 daily ema but few points shy I can live without.

NFP Friday be warned.
 
mervyn said:
Picked up more than a buck on CL from yesterday near the closing under 70.50, out at 72. It seems oil is much easier to trade in the last few weeks. Closed half my ES shorts at 4750, wanted to wait for 20 daily ema but few points shy I can live without.

NFP Friday be warned.
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closed all shorts at 20 ema.
 
vanzandt said:
Yeah, I wasn't a big fan of that finish, that's for sure.
Cash is 4688... I say btfd. :cool:
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Not that the past is a good indicator of the future but doesn't the two look similar?

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schizo said:
Not that the past is a good indicator of the future but doesn't the two look similar?

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They do. And it sure seems like going short is the way to go. I was only referring to tomorrow though. That finish however, that one really surprised me. We'll see, but it sure looked like the money was flowing in, at least up until the last 10 minutes. I'll have to see what stocks the algos spiked for that little trick.
 
vanzandt said:
They do. And it sure seems like going short is the way to go. I was only referring to tomorrow though. That finish however, that one really surprised me. We'll see, but it sure looked like the money was flowing in, at least up until the last 10 minutes. I'll have to see what stocks the algos spiked for that little trick.
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Well, I hope you're right. I also thought we were due for a bounce last night and believed we would go up today. But it was not to be.
 
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