ES Journal - 2023/2024

QQQ 520 incoming?

 

I'm eyeing a 70 print on ES. Not sure if we'll go that high today, but I think it's possible.

 

It's definitely still happening. Just not today. This market has no other choice. It's lost any ability to go down so it has to happen rather soon.

 

Sure feels like the ball under the water pattern, and incoming Vman @the close

 

I don't exactly remember when I made that bearish call, but I'm pretty sure ES dropped nearly 4% afterwards. So you don't think that was enough?

 

I think ES will not

 

This is not normal ‘behaviour’
Would have soared already, imho

 

LOL. Okay.

Don't disagree it's a bullish market of course. I'm probably playing the long side 75 % of the time anyway.

Quite possible.

I went flat on a larger long entry at 65. Re-entered 64 with small size in anticipation of that 70 print.

 

18.50 point RTH range so far today.

Only 6 other days so far in 2024 with a smaller range. Smallest being 14.50 points in March. VIX is dropping, too.

Maybe this is how the rest of the year will be - with a persistent bid in the market and narrow ranges on the upside.

 

Long 6063

SL 6044