It's 2:00pm EST...
1) The daily ES says long.
2) The four-hour ES says long with a minor chance of a reversal around the 1037-1038 area, which is derived from daily and four-hour.
3) The two-hour NQ says long.
4) The two-hour ES says long.
5) The two-hour DOW says long.
6) The 5-minute ES says long.
7) I tell myself, It's 2:00pm EST and we're hanging around the highs. Price has bounced up off 1031.75 multiple times now, so a break below 1031.50 is likely a bear trap. I see this happen.
Conclusion? I go short.
The market says, "here, have some money." I reply by slapping it in the face and doing the opposite, then I get crucified. I am so very tired.
1) The daily ES says long.
2) The four-hour ES says long with a minor chance of a reversal around the 1037-1038 area, which is derived from daily and four-hour.
3) The two-hour NQ says long.
4) The two-hour ES says long.
5) The two-hour DOW says long.
6) The 5-minute ES says long.
7) I tell myself, It's 2:00pm EST and we're hanging around the highs. Price has bounced up off 1031.75 multiple times now, so a break below 1031.50 is likely a bear trap. I see this happen.
Conclusion? I go short.
The market says, "here, have some money." I reply by slapping it in the face and doing the opposite, then I get crucified. I am so very tired.