ES Journal - 2021/2022

That’s why you wait for the pop and the gap close before shorting.

 

And if it was a gap and go?

 

Then you let it go or enter on the next retrace. Gap and go are rare on Globex, IMO.

RTH gaps are a different matter.

 

True, gap and go on globex are rare and most of the times when they happen are Sunday night re-openings.

 

Long 55

 

I think they will push this market up overnight, then sell it off following NFP. Just a hunch.

 

Keep a tight leash on that puppy through the night. Trail it up. If the NFP number tomorrow is hot, we've got another 2% down day at least.

If the number is really cold, 2% up, of course.

 

I'll pull the lever if the floor shakes beneath, but the memo I got states that the market will not reverse before reaching 3960. So I'm staying bullish for now.

 

SL 38

 

3820 & 3910 might be an impediments, that is if NFP causes a bullish reaction.