ES Journal - 2023/2024

My stuff shows the next big one on the upside won't kick in until early next week.

I think we're going to see some small pullbacks for now.

 

Speaking of which, I see sign of distributions from some BP (big players) today....

What that means is any move on the upside for the next few days will be a fake one until BP in accumulation mode again.

 

Always look for a 5 day chop. That's usually the telltale sign of an imprending drop, and not just any ordinary small pullback, but a BIG one. Today's the 4th day. It might happen either tomorrow or on Friday.

 

Long 85
SL 79

 

Accumulation in Green and Distribution in Red on this daily chart

 

-6

Flip short 79
SL 92.75

Now if they stop and reverse on me again at 92.75, you know for sure.

 

they won't. let it breathe a bit

 

TIMBER!!!

 

There's my 72. Still holding for a swing, though.

 

CAPR, I bought over 100 $10s(2.05) because the chart looked like the ones you post on the little candles.