ES Journal - 2016

2180 stops at risk

 

Stopped out for loss 2.25 pts

 

Day trade Long 2135.50. Initial stop 2132.75

 

Stop raised to 2033.00

 

Net on the day today. Minus .5 pts

 

What s your take on a possible rate hike in December ? If it happens what do you suppose the immediate response is , if we are fairly valued at .25 and we rise a little from here..what will happen as rates hit .50..? I d like your opinion on where we support 2097 2015 ?

 

Day trade short2129.75 Initial stop 2132.25

 

Appreciate the question but I don't look at news or rate hikes etc. So I don't have an opinion. I just look at charts with price and indicators.

 

Since 30yr T-Bonds finally in down trend, guessing rates going up.

 

Stopped out for loss of 2.5 pts