Only problem: How the f**k do we deal with @v-shape-0DTE after today.
I propose we name him official mascot of the ES thread
Just kidding, V!
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
I propose we name him official mascot of the ES thread
Just kidding, V!
target was hit but covered a bit early
i think we'll get a dip today to buy. Tha'ts my plan lol
not all is good in the glory hole of the Mag 7. So some of that negativity will manifest on the open.
In a few hours we have the FOMC (Fear of Missing Out the Compounding) decision and press conference. IMHO, if you look at the treasuries, the risk is to the downside (if they fail to pinky swear a rate cut in September).
Holy F this market. Did I say that already?
You could just tell something was brewing this morning after this non-stop pump.
It's now 110,50 points without even a 10 point pullback.
Long and strong here as long as the 25 area holds on any pullback.
You could just tell something was brewing this morning after this non-stop pump.
It's now 110,50 points without even a 10 point pullback.
Long and strong here as long as the 25 area holds on any pullback.
EMA's haven't flipped yet, its a huge stretch without flipping.
5546.50 new sell side target
This 110 pts up is a huge V recovery!
In general, the market is still on uptrend if you gauge it in a monthly chart.
Should be interesting to see if there's an attempt to take this down on the Open. I'm vary of being over-confident, so trailing tightly on any position I may have on (not posted, so probably shouldn't share it).
5600 does seem like the target for today, though.
My view is that most of the time the market is trading technically within certain boundaries/rules, but once in a while it goes unhinged and you just get relentless buying or selling. Today may be one such day.
FOMO. FED. End of month window dressing. Shorts covering. And so on.
God, I write too much here.
5600 does seem like the target for today, though.
My view is that most of the time the market is trading technically within certain boundaries/rules, but once in a while it goes unhinged and you just get relentless buying or selling. Today may be one such day.
FOMO. FED. End of month window dressing. Shorts covering. And so on.
God, I write too much here.