Made it to the top of the trading range and now quickly making its way to the bottom. @Laissez Faire I don't know where it will close but I think an outside day is increasingly likely, don't you?
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Bidless market for now. See if 30 turns this.
L 31.50. Stop at 28.
L 31.50. Stop at 28.
Well, we're 3 ticks shy of an Outside Day.
Like yesterday I think it's a big level, but there's no bid so far.
I like watching NQ for divergences. It doesn't always work of course, but currently NQ put in a higher low and is well off yesterday's LOD.
I would be more inclined to believe we break if NQ was more in sync. But that one can turn on a dime of course.
impressive drop from the highs tbh.
In the old days this sort of PA would get me bearish for the next few sessions, but nowadays??? I'm just waiting for a crazy V at some point soon lol
In the old days this sort of PA would get me bearish for the next few sessions, but nowadays??? I'm just waiting for a crazy V at some point soon lol
Well, we're 3 ticks shy of an Outside Day.
RTH only 3 ticks away. Globex low is down at 15.75.
ES really turned around. From looking like a sure up trend day into a down trend day.
Exactly, considering that most of us here are day traders, we should have been selling the pops, not buying the dips, but hey... V-shape, etc.
I don't think we're alone in this
I'm not one for predictions, but I feel we could see this thing trade below yesterday's Globex low and then rally into the close and close flat for the week.
Maybe the world realized the clown show in America after yesterday's debate. LOL.
Yep - buying dips has been working so amazingly well for so long, it's a tough habbit to break on down days! Besides, I don't mind it going wrong from time to time if it tends to work 8 times out of 10, I guess! hahaExactly, considering that most of us here are day traders, we should have been selling the pops, not buying the dips, but hey... V-shape, etc.
I don't think we're alone in this
Outside Day this late and bidless at this point. Not feeling very bullish at the moment.
Just stopped out, too.
Just stopped out, too.