ES Journal - 2023/2024

.... it will be difficult for it to drop further today below 468.

You haven´t been around for the Dot Com bubble, the Great Financial Crisis and so forth, have you? Downward spirals tend to overshoot.....

Don´t underestimate the FULL POWER OF THE ALGO RETARDS
 
I also said I was expecting a drop. I don't think anyone thought it would take out the gap that fast with a large gap down today. I was expecting it to open flat and then trend down. Anyways, the gap is filled at 468, could see a rally to the open around 474-475. There's a lot of day left and it will be difficult for it to drop further today below 468. The now 480 gap will absolutely get filled. I don't think the 496 one will for a while.


Meaningless. 480 filled by when?
 
I also said I was expecting a drop. I don't think anyone thought it would take out the gap that fast with a large gap down today. I was expecting it to open flat and then trend down. Anyways, the gap is filled at 468, could see a rally to the open around 474-475. There's a lot of day left and it will be difficult for it to drop further today below 468. The now 480 gap will absolutely get filled. I don't think the 496 one will for a while.
LMAO So you've changed your mind about "we'll never see another correction in our lifetime"?
 
Despite these misses from the megacap tech titans, the earnings season overall is off to a strong start. More than 25% of S&P 500 companies have reported their second-quarter earnings, with roughly 80% of them topping expectations, according to FactSet data.

:finger::finger::finger:
 
Long xxx META puts. Short ES/RTY. On my b-day.

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