Well, I wouldn't read too much into it of course. Just throwing it out there as something to keep in mind. When @Buy1Sell2 talks about 700 points higher I think many would have a knee-jerk reaction saying that's ridiculous, but if you run the numbers it's just a little more than your average year.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Ahhhh... we'll see. The fat lady has a few more hours before she sings. It sure hasn't started back up yet however.
4888 hit!
Guessing we dick around here for a bit. Was assuming we get some sort of pullback soon but hard to call that. Market doesn't really tend to pullback nowadays.
Either way, guess is we get some sort of little retrace soon, and then head to 5200 ish.
We'll see! (i'll only be playing longs for any swings, though)
NQ finally getting to the area and targets everyone called and was talking about, has been trading around the continuous contract mini shoulder high or whatever want to call it at 17495.50. Every time we sell off below it, the selling just gets absorbed. Obviously NQ ATH is most likely next at 17703.
Did take longer to reach 17495.50 than I expected, but doesn't really matter in grand scheme of things since I am day trading it. But to me it was and still is an edge, don't care what anyone says it's unlikely market was going to have any major pull back prior to clearing out those momentum highs, it's just how the market works.
Did take longer to reach 17495.50 than I expected, but doesn't really matter in grand scheme of things since I am day trading it. But to me it was and still is an edge, don't care what anyone says it's unlikely market was going to have any major pull back prior to clearing out those momentum highs, it's just how the market works.
nice push up overnight. We're at 4916 now!
My hunch is that we push up to around 4945 and then maybe a little dip (and then on to the next ramp up to 5200)
I'm staying flat until we get some sort of dip. Not chasing it here again, but no way i'm shorting this thing lol.
My hunch is that we push up to around 4945 and then maybe a little dip (and then on to the next ramp up to 5200)
I'm staying flat until we get some sort of dip. Not chasing it here again, but no way i'm shorting this thing lol.
If NQ manages to get above 17703 and stabilize above than ES next likely place is 5030.50 to clear ath.
On my chart we are currently making new all time highs.
getting there
I am just using continuous contract and for that it hasn't hit ATH. I am fine with however anyone else views it, charting that for long term view works well so I'll continue doing what works for me.
I know, we had the same conversation about NQ.
Your software seems to be the only one in that i know off that is showing the continuous all time high at 5030.5.
I know thay you don't care, but either your platform is showing the wrong data, or all other platforms are showing the wrong data, there can't be 2 different all time high levels.