ES Journal - 2016

its all just temporary anyway, but you just use it when it works. For me it a confidence thing, if an additional item supports your entry, the trade becomes more probable.. as for the resent crude bounce, yes it put some pep in ES's step. The Dow likes expensive oil.

 

"But you just use it when it works."

And you know when it works?

 

Yes!

 

yeah the bears aren't having a good time, you got that right

 

still a megaphone topping pattern

 

Hope so, it would do wonders to volatility.

 

Strength in oil pushed ES higher in the early hours. Now that oil gap filled will it lose its footing and resume south?

 

Stopped out yesterday for loss of 13.5 pts

 

And we didn't really

 

Based on the current what, my expectation for today is a slightly negative day with an Open near the High and a Close near the Low. Roughly so.