ES Journal - 2021/2022

LF,
what did you have for the gap? I know it was friday's close, but do you use 3pm or 315pm?

 

There's about an 80pc chance we will see 3926.25 OR 3878.

 

3880. I always use the cash close @ 4 PM NY EST.

 

3903 is the Res level to test the lows again, above this its a strong V reversal day

 

Eon,

yeah, do you use 50pc for that or something else?

 

Just price action, eye ball levels, look for confirmation on NQ

 

That was an expensive toilet visit. Stopped out for + 10 while away. Not sure I would have played it differently if present, though.

If no second test of the LOD I expected yesterday's low to hold on a second test of that. Turns out they ran it a few points below that.

Not much to do right now as the risk is too great in either direction, IMO.

 

Looking for a sell down to 3865 at a minimum today. I will look there to perhaps take profits.

 

According to my calculations - odds favour a close above 3902 today. I will go long again on the next pullback if I get the opportunity. There's a small chance we can trade all the way back up to the HOD, but I won't hold my breath.

 

I would say a very good chance of testing down to 3800 by week's end.