ES Journal - 2021/2022

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

  1. ElCubano

    ElCubano

    400 @ 222.84...looking for the big bounce here at the open.
     
    #3911     Jan 24, 2022
  2. vanzandt

    vanzandt

    You might see a little more pain, but it should reverse before Wednesday. We're approaching the proverbial capitulation level I think.
    If any tech stock is worth buying, NVDA is certainly one.
    Maybe save some dry powder and buy some Disney if it hits $131ish today. Its $134 now.
     
    #3912     Jan 24, 2022
    Zwaen likes this.
  3. ElCubano

    ElCubano

    500 qqq at 345.94, 200 Spy @ 433.47 and NVDA that's it. rock and roll
     
    #3913     Jan 24, 2022
  4. This is what I see short term.

    1st blue line is 10 % down in the 4300 area. It seems like we're opening in that area.

    The short term trend and momentum is no doubt down, so would be very cautious trying to pick a bottom, but this is a zone which could trigger some buying.

    [​IMG]
     
    #3914     Jan 24, 2022
  5. ElCubano

    ElCubano

    out 200 NVDA 227.80
     
    #3915     Jan 24, 2022
    Jaydom, Buy1Sell2 and vanzandt like this.
  6. Buy1Sell2

    Buy1Sell2

    Getting some support here as we approach the Oct 21 lows. --Getting near the measured move target. Staying short for now.
     
    #3916     Jan 24, 2022
    Builder17, Jaydom and Zwaen like this.
  7. Buy1Sell2

    Buy1Sell2

    Weekly here shows quite a bit of potential for a lot more downside.---May need to fill today's cash gap first.
     
    #3917     Jan 24, 2022
  8. Making some money short today, but BTC working towards 30k and below that can be ugly.

    Markets are starting to get a little ugly too. Not really getting any bounces, not that it is surprising given they set this dump up purposely awhile back. It's just a little concerning I'd rather not go full Covid. I know we're not there yet...... but at same time not that far away if we don't start getting some actual counter rallies.
     
    #3918     Jan 24, 2022
  9. Buy1Sell2

    Buy1Sell2

    October lows now breached.
     
    #3919     Jan 24, 2022
  10. Buy1Sell2

    Buy1Sell2

    Weekly chart of XLF-----not good
    upload_2022-1-24_9-20-38.png
     
    #3920     Jan 24, 2022