ES Journal - 2017/2018

If es can trade through the ledge 2660 area yesterday's lows are in sight. Should be a quick trade to 2640 at least.

 

No obvious reason to get long again just yet. Intraday trend is down since a couple points higher than when I got out.

 

Bear flag on 5 min chart.

 

And on 1 min.---Of course we shoot higher as soon as I say it, but could just be a spike in the bear flag.

 

If we break above 2680 the way is clear until 2700.

 

Looking to get short, but it's not obvy yet.

 

Got the direction right, but didn't enter so that was a missed opportunity since we have fallen 9 points.

 

It was a classic bear flag in an intraday downtrend.

 

Likely getting to a good profit taking point here @ 2658

 

I know Spooz is going to be mad at me, but...

Daily high was 2674.78 and has been going down since...