ES Journal - 2017/2018

a bounce off 8/2 HARD BOUNCE

going give back a few ticks 850

 

We are looking at Aug 23 as a down day so will look for short setups on that day.

 

You can see the future?

 

Nice short, hope you are still in it.

 

That’s a bold call. Two of my top three biggest all time losses have come from trading during the Kansas City Fed Jackson Hole Symposium. August 23-25 this year. Rarely a good time to be short.

 

Looking for a bit if a volatility shake up tomorrow into Monday. Could be some nice follow through on downside if it materializes.

 

hows that working out for you?

 

New $ 25 billion in tariffs take affect that day.

 

I find that to be a bit erroneous in thought. If the market is already aware, it doesn’t react the day of.

 

Longs until then?