ES Journal - 2023/2024

Discussion in 'Journals' started by Buy1Sell2, Dec 6, 2022.

  1. FBO off the ETH low. Maybe it's pay day for the dip buyers once again. I still think we're due one push lower. Let's see where this opens... :)
     
    #4031     Apr 21, 2023
  2. Swimming around 50% of the current range (5-18 April). Hourly charts have a bull flag.

    Screenshot 2023-04-21 at 13.37.35.png
     
    #4032     Apr 21, 2023
    Buy1Sell2 and Laissez Faire like this.
  3. Kind of, yes. Trading below the weekly Open and last week's Close, though.

    I stopped out my short (not posted). Terrible entry, but I felt sure that this time we'd break. Waiting for the Open now to see what's up. Will be looking to short a failure to trust higher, but have to stay flexible in case we once again hit a bid and trade higher.
     
    #4033     Apr 21, 2023
  4. Buy1Sell2

    Buy1Sell2

    No question---very bullish
     
    #4034     Apr 21, 2023
    Laissez Faire likes this.
  5. Buy1Sell2

    Buy1Sell2

    The Bull flag is the handle of the reliable Cup and Handle formation.
     
    #4035     Apr 21, 2023
    Laissez Faire likes this.
  6. I went long at 56, but will stop out at 50 or so. Original short thesis was based on a gap down open and we're now looking at a gap up open which changes thing a bit.

    I will keep those stats in mind, though, and don't get too comfortable on the long side. Need a good move above 60 to convince me. :)
     
    #4036     Apr 21, 2023
  7. How was Tokyo?

    Been a range bound week while you were away, so as good a week as any for a holiday.
     
    #4037     Apr 21, 2023
    Buy1Sell2 likes this.
  8. Buy1Sell2

    Buy1Sell2

    Excellent.
     
    #4038     Apr 21, 2023
    Laissez Faire likes this.
  9. 4150 holding up fairly well once again. Same recipe as yesterday if we take out the HOD and start ripping.

    Will pay attention to 61 and 63 as potential hurdles.

    If today's an Up Day after all, I would be looking at 4180 as a target with everything above as a bonus.

    No take off yet, though.
     
    #4039     Apr 21, 2023
  10. Held like quicksand.

    Looks like 4120 after all, then.
     
    #4040     Apr 21, 2023