ES Journal - 2017/2018

Failure there with the top around 2737. I believe there is a short term floor in around 2720. I'll look at action there if we get there. For the time being , I'll stay long on the swing trade with the same stop at 2668.

 

Second try: Long 2730.50.

 

Out +1 on 2nd try.

 

Market has long written all over it. I must stay long. All frames are long.

 

We are within 0-3 hrs of a huge move. Up or down? I am siding with up.

 

Good base there, not sure if we get there. nice bounce off of 25.

 

A good long off of 27, with a stop close in the 25.50 area. if we get there?

"Nope" i was being too cheap. cancelled.

 

We need a Mister good bar above the 34 area for a long confirmation.

 

We close above 2735 on SPX more upside. We close below potential to retest 2700.

My Bet is down this afternoon.

 

Interesting call.. & timing of such... I anticipate a riding the zone & into the apex build out but am in agreement with an explosion move being imminent!

Cheap ES/SPY Straddle may pay very nice ROI here... imho!