ES Journal - 2021/2022

I'm still looking at mid 4400's being in play---and perhaps much more.

 

We are trading right near the early Sept high. A break of this suggests at least the mid 4400's in the very near term.

 

, well if you took his $SPY call this morning, you would be up on the $ES over 50 points, that would have helped,

 

I dont even see a call? Are you talking about the "$spy ALL SOUTH" tweet?

 

Flat on my shorts. I'm going to enjoy the spectacular weather we are having .

 

A close right here around the 4530 area I think would bode very well for the short case. I don't want a quick drop, I want a sustained downtrend.

 

ES channel 30m - https://www.elitetrader.com/et/thre...t-right-here-baby.343012/page-15#post-5499422

 

What are we looking at there?

 

Can you be more specific?

 

ES 24hr WEEKLY

1) 4200 or so is some sort of short term support.
a granular look, suggests 4460 or so is some sort of IMMEDIATE support.
2) volume this week is heaviest since March
3) With the CR passed, Biden budget moves closer to possible enactment. 2021 is less onerous taxation, barring retroactive.