ES Journal - 2021/2022

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

  1. Buy1Sell2

    Buy1Sell2

    It's only half complete though right? Could you post a chart showing what you are looking at?
     
    #5351     Mar 1, 2022
  2. newbie463

    newbie463

    correct.............. IHS 1hr ES.png
     
    #5352     Mar 1, 2022
    Spooz Top 2 likes this.
  3. Zwaen

    Zwaen

    Not that there is any predictive value in it, but with a little imagination the (ever returning to 15-20) vix is showing an enormous ‘saucer bottom’.
    Maybe a new meaning of the smile ;-) 77CB7AA8-0BC6-4E1B-8882-84E3ADDC4137.jpeg
     
    #5353     Mar 1, 2022
  4. Spooz Top 2

    Spooz Top 2

    I`ve been watching that puppy.......
     
    #5354     Mar 1, 2022
  5. Spooz Top 2

    Spooz Top 2

    anticipating a lower low here on the day.....
     
    #5355     Mar 1, 2022
  6. Spooz Top 2

    Spooz Top 2

    Heeaaavvvvyyyy
     
    #5356     Mar 1, 2022
    c1rcle likes this.
  7. NQ yesterdays open bar price on Daily is 13900.25. Think that would be a good magnet for price. ES already filled it's Open bar price.
     
    #5357     Mar 1, 2022
    Builder17 likes this.
  8. newbie463

    newbie463

    3 push down on the 5min from overnight. last leg not completed. not sure if we get 30 up or 30 down from here.
     
    #5358     Mar 1, 2022
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  9. Spooz Top 2

    Spooz Top 2

    IHS hit a brick wall just above NL.......
    Let`s see if it can regather some steam or defecate the bed!!!
     
    #5359     Mar 1, 2022
  10. NoahA

    NoahA

    To be honest though, I can just as easily make the case for the blue IHS matching something similar that you show in white, and that didn't produce a rally. Furthermore, the IHS in red did produce a nice bounce, and another IHS in yellow failed to rally.

    If I look for a regular pattern vs. an inverted one, I see a small one outlined in cyan (with a double top being the head), and I guess this one did produce a nice drop. You can even draw in a bigger one, the magenta one.

    IHS 1hr ES.png

    So for me, these head and shoulder patterns are everywhere and hardly that predictive and quite subjective with how you draw them. They are only obvious once its too late to enter anyway.
     
    #5360     Mar 1, 2022
    MACD likes this.