ES Journal - 2021/2022

Discussion in 'Journals' started by Buy1Sell2, Dec 15, 2020.

  1. SHORT SQUEEZE! :)

    Could easily see 4330 and even 4340 by the Close if momentum picks up. Only air above. But 4320 would be the initial target.

    Took some heat on the Open, but added some on the way up. Will probably pull that limit if I'm around and I see MOMO through that level.

    upload_2021-7-8_17-44-12.png
     
    #2081     Jul 8, 2021
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  2. If we hit 4355 by end of the day, I’m just going to shake my head and laugh. What else is there to do lol
     
    #2082     Jul 8, 2021
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  3. Let's try this.

    I feel fairly confident we'll see 4319/20 with a good chance we can actually trade all the way up to 30 or even 40. But I can't know if we'll get a good dip first and I don't want to risk giving back all this profit. With my main scenario - we won't.

    So, locking in some here. I will trail tightly and see what's up around 4320. If I get really lucky - we might get a good squeeze higher without much pullback.

    upload_2021-7-8_17-57-0.png
     
    #2083     Jul 8, 2021
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  4. chillibean

    chillibean

    just waiting for profits in my initial long.
    If we dip, I start to put back on the add-ons that I closed earlier
     
    #2084     Jul 8, 2021
    Buy1Sell2 likes this.
  5. 4320 tagged. My prediction ends there, although it does suggest a close above 4320. It seems possible we'll print 30 + today, so I'm going to be a tad greedy here with a trailing stop @ 13.

    upload_2021-7-8_18-36-55.png
     
    #2085     Jul 8, 2021
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  6. chillibean

    chillibean

    L 4314
     
    #2086     Jul 8, 2021
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  7. I suppose + 38,00 points off the lows without a 10 point retrace is as good as it gets on ES. Stopped out on a trailing stop on that one, but still an okay pay day.

    Still looks pretty bullish to me. Could drop to 4300 even and I'd still be pretty bullish on the day.
     
    #2087     Jul 8, 2021
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  8. They wouldn't dare let the weekly bar close red right guys ? Looking for some confirmation bias before I click the green button
     
    #2088     Jul 8, 2021
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  9. Relentless

    Relentless

    Bring on the vol. This paint dry melt up is zZzZzZz...

    How about a nice gap down and a close on the lows to end the week?

    As an aside - internals have been rotting. Look at a chart of the Trans / XLF... and IWM as well.

    Unlikely - but I'd love to see a sub 1% 10 yr print. Then you'd get to see a "Sell Everything " parade.
     
    #2089     Jul 8, 2021
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  10. chillibean

    chillibean

    +7
     
    #2090     Jul 9, 2021
    Buy1Sell2 and donnap like this.