ES Journal - 2017/2018

So far so good.

 

60 min and 24 min still looking very bullish. 15 looks to be taking a breather, so we head down to the 5 and 1 to locate leveraged entries.

 

I would like to at least get over 2687 today and shoot for 2758 tomorrow. Very important to clear 2687. Then we'll have to contend with 2728, then 2758.

 

You think a failure at this level means bearishness, or just stagnation?

 

I should have left town last week, all scalping/day trading systems stopped with first big day down and no trades since, good thing about rules, keeps you out when risk is way too much that reward. Longer term, more signals than money available. Time to go back to sleep.

 

It would indicate bearishness

 

I love these overnight pullbacks when we're in an up market. Looking to get long for a big move during the day today.

 

It's unlikely that we would trade below 2620 today.

 

Long 2640.75 Initial stop 2632.00

 

I think we close the gap then sell off. The SMA lines on the daily and 15 mins will be resistances.

Edit: The NDX already did that on the 15 mins.