ES Journal - 2023/2024

[Laissez Faire]

L 07.25. 5 point stop.

This is the area where I think the market can fail during RTH if we open with such a large gap down.

EDIT: Low ticked. 5 point loss.

 

[tony.m]

nice drop. I really like this area for a 'proper' long soon!

Saudi no longer bending over to Uncle Sam. BIG drop today.

 

[maxinger]

France is leading the world's stock markets.

Down it goes.

 

[Nighthawk]

Algo clowns are just doing today what they didn´t finish yesterday = close the gap! MEGA CLOWNS!

 

[Laissez Faire]

Algo clowns are just doing today what they didn´t finish yesterday = close the gap! MEGA CLOWNS!

LOL. Who are mega clowns and why?

You think that gap closes today?

 

[tony.m]

Nikkei started going down first.

 

[Zwaen]

Please guys stop the bearish fairytales. Not possible

 

[Nighthawk]

LOL. Who are mega clowns and why?

You think that gap closes today?

HFT SPY/ES Futures arbitrage clowns. I wouldn´t know whether the algo clowns "think" that the gap is basically closed now overnight. But given the latest Buy-the-Dip mentality, I would assume an opening bell comeback to the upside.

Just read yesterday comments from sell side equity portfolio managers - any fall in S&P is a "dip buying opportunity" given the forward inflation predictions

 

[Laissez Faire]

HFT SPY/ES Futures arbitrage clowns. I wouldn´t know whether the algo clowns "think" that the gap is basically closed now overnight. But given the latest Buy-the-Dip mentality, I would assume an opening bell comeback to the upside.

Just read yesterday comments from sell side equity portfolio managers - any fall in S&P is a "dip buying opportunity" given the forward inflation predictions

LOL. Why are they clowns, though?

Only RTH counts as a gap close, IMO. As long as this current low holds in RTH, I think we go back up. Maybe a full gap fill below next week?

 

[Nighthawk]

LOL. Why are they clowns, though

I am one of these clowns as well. But I expected by fellow clowns to close the bloody gap YESTERDAY!

Anyway closing all shorts 5400ish. Flat