ES Journal - 2017/2018

Basically looking for a long entry at this point, but might wait for a test of the lows and see if the pattern for today would be a slide towards Friday Close instead.

So far sleepy like yesterday and well below the norm lately.

 

Long @ 34,25. Stop @33,25.

 

Would normally look for new highs, but the market seems to be in sleepy mode, so might be looking at another narrow range day.

If not stopped, I'll try to unload at 38 or 40. That's all the market seems to offer today, unless momentum should pick up.

 

I could make a case for a long or a short but will wait until I see a pulse for anything.

 

Bailed at 33,75 for a 2 tick loss.

 

HaHa, I bailed on a short for a two tick loss.

 

Looks like my lack of conviction may cost.

 

Won't have time to post trades, but basically entertaining the idea of a bottom already been made and a long entry from here (but possibly with limited upside).

The market's currently testing yesterday's Close and trying to stay green. If that doesn't happen, maybe we could get a slide towards Friday close...?

 

This triangle is about to make the decision for you.

 

Strictly speaking, isn't it a downward wedge? According to literature - a bullish pattern.

I don't happen to look so much at these, but my analysis says we should go higher. Just feels a little scary down here.