ES Journal Archive (2011)

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I think we just have a situation of too far, too fast to the downside and this is just a lot of short covering. My swing trades will only be short trades for now.--Just have to monitor the stops a little more frequently, because there were places for me to move my stops and protect profits/limit losses, that I did not enter due to inattention. Fortunately, I only have one contract on my swings. :)
 
In my view, this rally from yesterday has not resolved itself yet and so I am not interested in a short swing just yet. --we need a little more time to fester. :)
 
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