ES Journal - 2023/2024

[Nighthawk]

Think about it, the clown show is BB's.

 

[schizo]

View attachment 342449

I wouldn't compare stocks to bonds. This equity market is in its own friggin' world. Just like our beloved Jim Carrey.

 

[theapprentice]

Trying L here on ES on the dip

 

[theapprentice]

adding NQ, too

 

[theapprentice]

Chasing the crazy NQ long here lol.

Feel like 20k+ is super likely at very minimum. people were ordering their 'nq 20k' caps a a while back!

we got the 20K, anyway!! Only took 4 sessions or so from that post
Expecting a new leg up soonish, but we'll see
Back tomorrow. Another very nice day. Still awaiting a nice ass kicking, but the buffer is getting bigger and bigger so should be able to deal with it! lol

 

[mervyn]

very scary market

 

[v-shape-0DTE]

very scary market

How exactly is it scary? It's never going down

 

[Relentless]

Scary bullish.

 

[Picaso]

Yup.

And speaking of which, let me kavetch about CME while we're on the topic of rollover. As I see it, there's zero reason why we need to roll over every damn quarter. Well, I know why it's good for them, but it's completely pointless for us. I wish they would learn from Bitcoin and go with the perpetual futures model, at least for the index futures, which settles in cash anyway. If there's no delivery involved why the eff do I need to close and reopen my position every quarter? Greedy bastaz, ggrrrr...

What and make less in commissions???

Next thing you'll be expecting them not to raise their prices a few times the inflation...

 

[Picaso]

if we can get a few more nice up weeks, then "6K ES!!!" will be all over twitter etc.
At that point you can go long for a nice swing and cover at 6030 or so
That's my thinking lol
See what she can do

OK, this thing is going up, but let's not get too crazy