I wonder if it'll end up being 'sell the news'.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
I wonder if it'll end up being 'sell the news'.
I was at gym today being stupid with heavy weight for me. One of the gym employees told me “I use to rep that when I was younger” I asked him how old are you “I turned 25 yesterday” I guess being old is perspective because my body feels old but I am a raging video gamer and mountain biker. Twenty five and 41 are not old!!!
Edited to make sense, I didn’t get my 12:00 noon nap
Last edited:
I was actually gonna adjust it to that earlier. Either way... it didn't happen. I really thought we'd get an eod run.
According to this picture, we're likely at or near the top. But with the FOMC scheduled for next Wednesday, it's anything goes.I was actually gonna adjust it to that earlier. Either way... it didn't happen. I really thought we'd get an eod run.
Definitely at a “pop or drop” area. I thought we’d go a little further lower before going up like we did this last week. I see why we bounced up, I was guessing they’d run some stops and push lower though…
This coming week should be another doozy.
Should be. This market is nuts lately. There’s a chance we just continue to bounce around inside this triangle on the daily. We’ll have to play it as it happens.
I know that’s not offering much in the way of predictability, (“if it doesn’t go up it will go down- maybe”) but there’s still plenty of opportunity to intra-daytrade this with all the volatility present.
That’s the good part. As long as it’s moving, a day trader has plenty of chances to takes some nice chunks out if it.
"When in doubt, go long."
Playing around with my daily and weekly ES charts and it occurred to me that maybe the ES will make a move equal to the 2022 bear market. What goes down usually then goes up, and by a lot, right? "When in doubt, go long."
My target for the ES is now 6114.50. I'm calling it "the Kamala number" in recognition that if the market does continue to rally toward that number it is probably signaling that the winner in November will be Harris.
This is in no way intended as a political post. I am probing the intersections of technical analysis, fundamental analysis, and Tarot cards.
Credit for the underpinnings of this theory go to our very own @vanzandt with supporting factors supplied by this Fortune magazine article
Forget polls, the stock market is the most accurate predictor of presidential elections (yahoo.com)
Playing around with my daily and weekly ES charts and it occurred to me that maybe the ES will make a move equal to the 2022 bear market. What goes down usually then goes up, and by a lot, right? "When in doubt, go long."
My target for the ES is now 6114.50. I'm calling it "the Kamala number" in recognition that if the market does continue to rally toward that number it is probably signaling that the winner in November will be Harris.
This is in no way intended as a political post. I am probing the intersections of technical analysis, fundamental analysis, and Tarot cards.
Credit for the underpinnings of this theory go to our very own @vanzandt with supporting factors supplied by this Fortune magazine article
Forget polls, the stock market is the most accurate predictor of presidential elections (yahoo.com)
"Word quickly got out."
