ES Journal - 2017/2018

Thanks.

 

Likely overdone here a bit at 47 and of course 49.50 is looming

 

I would think a pullback here would ensue that would then give a better spring to get through 49.50.

 

There it was--the pullback and thrust to 2350.50. Now---is it enough to stay above it this time??

 

C'mon...

 

NQ broke through 2 days of resistance and only met modest supply.

 

A move to 57 would now suggest that 49.50 might be a new floor. A move back below 49.50 and ---well you know the rest.

 

There will most likely be profit taking between 2370-2380. This will create a long opportunity with a target near 2440.

 

lets hope this rally fails in the coming days or else another volatility collapse is on our way in about a weeks time.

 

Not understanding your meaning here