ES Journal - 2023/2024

During Asian Session need to keep an eye on the cross, cumulative delta kept ticking up. Look for factors to support the trade bias. As long as Yen above 146, means Carry Trade dynamics still in play. High likelihood that 5340's get taken out tommorrow.

Did you not say 5150 target at 6:15 when we were 5250?
 
this is so strong even at this level. why?

Looks like the market wants to finish what it started yesterday. If today successfully trades back into last week's range, I'll guess that green week I was suggesting on Sunday may be in play.

I like a 5350 touch pre-market if this dip is absorbed.

Will simply be watching for continuation or a failure on the Open. 5400 looks like a good number if we find a bid on today's open.

No hard statistics to back it. Just intuition and 'the eye'.

The yen may also be a factor in play.

On the other hand, there's that anticipated attack on Israel which may happen. I would guess that should make for a good sell-off.
 
trying little ss here at 29

putting stop at BE

upload_2024-8-7_13-5-14.png
 
Looks like the market wants to finish what it started yesterday. If today successfully trades back into last week's range, I'll guess that green week I was suggesting on Sunday may be in play.

I like a 5350 touch pre-market if this dip is absorbed.

Will simply be watching for continuation or a failure on the Open. 5400 looks like a good number if we find a bid on today's open.

No hard statistics to back it. Just intuition and 'the eye'.

The yen may also be a factor in play.

On the other hand, there's that anticipated attack on Israel which may happen. I would guess that should make for a good sell-off.
I know what you mean, I don't think we have any more stock market crash kind of sell off if we trade above 5350. Looks like big boy want to bid it higher to sell at RTH. No technical, just Conspiracy theory LOL.
 
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