ES Journal - 2017/2018

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i dont know how far any UP=trend will go, but ES, SPY,SDY,, SPXL,QQQ ,UPRO, have made a double bottom on 5, 6 month charts. My comemnts do not include DOW,@ this time , as if WSJ know how to pick stocks??LOL

 

Long in play. Caution once we break 2380.

 

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Good thing i did NOT make a prediction. I thought SPY, SDY ES, QQQ would make a double bottom above 50 day moving average [ema =$233.93, on SPY], QQQ did, but the others made a double bottom below it + still UP-LOL.

 

Anyone short on Friday's close in Indexes? ME and still short, but long term positions.

 

I don't have the ball to hold over the weekends, especially last weekend.

 

IMO tomorrow will be interesting day. Tomahawk chop and taxes.

 

You know ahead of time, so buy insurance.

 

So, sell 2377,50, target 2212,50. Yep, 8% correction is coming.

You don´t believe me? Don´t pocket 165 large handles.....;=)

 

ES bounced off the 90 ema on Mar 27 and then came back to test there and based before takeoff