ES Journal - 2021/2022

Housekeeping-----Loss of 15.25 pts

 

Downtrend looks ready to resume.

 

3882-3892 is 62% to 50% retracement. SHould be a slight bounce zone if we get there

 

Up to 3930 to take care of the gap, put in a rounded top & down to retest the lows

 

Gap from yesterday filled - so could be pulling back some now. I'm thinking 3950 today if we take out yesterday's HOD.

Would normally expect some consolidation after such big moves as we've seen these two prior days, but the market is in strong bull mode, so might not get that break.

Will probably be looking for longs above 3920 if we pick up momentum.

 

3914 is also a possible buy zone if we trade that low.

 

short 3913.25 Initial stop 3926.00

 

Short 13 stop 18.5 target 92.

initiated around same time as u b1

 

Stop lowered to 3920.00

 

3890 should stop this if we drop further, yes?