ES Journal - 2021/2022

Staying short here

 

My position is not on the 5 minute chart of course. I like this action for the longer term downside here. We'll see.

 

This is what I want. I hope we move a bit higher as well.

 

41 points, didn't push it today, waiting for some pullback.

 

LF nailed it today with his stats. Good job !!!

 

Hong Kong is 15 hours ahead of the US. Their Sunday is our Saturday also he gets estimates from his trade desk contacts in Hong Kong before it opens as well (I'm guessing here), but this is also pretty common practice).

 

I suspect $SPY's high is in, 60.79, unless maybe there is a push into the close.

 

100% (but Options) because $ES is $SPY's shadow. Just to be clear its not tick for tick, $ES moves are exaggerated when compared to $SPY, (futures volatility)

 

I don't see a buy for me just yet.

 

Thursdays big up day was sold off hard. Market tends to move in 2’s. Let’s see if we get another selll off tomorrow.

also last weeks candle had a good sized red wick. Another coming up ?