ES Journal - 2023/2024

looks like it does hold the up trend, not surprise to see 3400 above as we get some short covering

 

SPX 5334

I think we drop into the close.
Be crazy if we took out Monday's lows.
Doubtful.

 

this is too painful to watch, trailing stop below 46 and just close my eye with it

 

yesterday's low was about 100 below this level.
hmmm.
I could see a 5286 close today.
or lower

 

the buy orders are running out of steam. at least they are right now

 

That would be something. I can see it happening on a break, but this is fairly controlled and contained so far.

 

I feel that as goes the NQ so too will the ES, and here about an hour into the lunch session, things are looking cheery for those who prefer BTFD mode.

I don't have a feeling one way or the other. I do feel that today is likely to finish as a range day near the highs of the current range. No breakout down likely, a breakout up more likely.

Tuesday PPI the next catalyst unless geopolitical concerns come to fruition.

NQ daily chart


RIP Chi Chi Rodriguez.

 

of course you stop out everybody before you move, that's what you do best everyday, now you can go to 5400

 

Short 73
SL 76

 

Helluva squeeze.

Still early. Be interesting to see how we close...