ES Journal - 2023/2024

it doesn't matter what price does up until the election as long as 'bullish' optimism persists. So this is just a intermediate term washout like all the other ones, what is ultimately risky for the market are 10% - 20% interest rates, thats not the case now. In fact the whole yield curve shifted down.

Good point thanks. I guess in a few months time Kamala can say look how much the market went up since the 1st of August etc.
 
The FOMC/ Treasury and the Satanic Pedophiles want new highs so they can continue being pedophilic. A market crash or intermediate term lows before election helps Trump. Remember Silicon Valley hates the dude. They will throw billions at it to ramp it up.
 
Would be odd if we don't fill the gap now, IMO, but you never know in this market.

What do the talking heads give for an explanation of today's move?

I was thinking that, I think we were about 6 points off so closed most of it right?
 
I was thinking that, I think we were about 6 points off so closed most of it right?

Tuesday's close at 72.75. A bit left until we hit that.

I just trailed myself out here on shorts, but think it was too early. Either way done for the day. Too much action for one day and was a long session yesterday.

Ended the day $100 bucks down compared to where I was pre-market, so that was a wasted RTH session. LOL.

upload_2024-8-1_18-5-4.png
 
I bet if one of you guys did a 68.1 Fib between Wednesdays low, and yesterday's high, at least on the Q's... that might be close to a bottom. I'm on the sidelines and not looking atm, just a thought though.

edit: ~$461 on the Q's

Correction. $462.50 (61.8 not 68.1)
 
Last edited:
Back
Top