ES Journal - 2021/2022

Thought it was only fun money...?

Glad you got out. Is averaging down something you do consistently?

 

This is what usually happens before the tide turns: Up, down, up, down.

 

What does your memo say for today’s close?

 

Where ya been, bro? Thought you got chewed up by them mean bears.

 

I asked exactly that same question and it came back saying "STFU and just trade".

 

Good one.

 

I think the high and the low is already in, so we'll likely meander into the close. If I had to guess, I say we close at 3615-ish. What sez you?

 

Last Friday wasn't, decided to close out with big loss.

2 red days from last week, still down 50 points month to date.

 

We're churning around this 30 level which I think is significant. Likely a drop into the Close or a rally to 3650 and even 3670.

It's a coin-toss at this point for me, as I don't have any data to support this right now. I'm leaning long, though.

 

We're setting up a nice supply level here at 3625 if this level holds. I'm not calling the week low here or anything, although it could be.

Just a good chance for a pop to 3650/60.