ES Journal - 2016

Looks like dollar recouping some losses, yen has energy pushed ES up.. Oil still at same level.

 

Trade worked out... Woohoo

 

1940 and higher .. FED won't raise rates NIRP coming soon (QE4).. Back to the slow progression up.

 

oil is going for 37.5

 

nice call. where to now?

 

Looking at monthly chart IMO it is at breaking point, yet may still head towards 10SMA first.

 

10 Month SMA?

 

I'm still short with my position trade. No adding to it or scaling out. Just holding here. I don't see anything at the moment that suggest upside. Of course I continue to trade longs at higher margin intraday but outraday I will keep holding short. Current Price 1836.50.

 

no