ES Journal - 2023/2024

No dip given, @Picaso. I switched long, too. Nothing to be gained by being stubborn.

 

Out BE-ish

So 10 bucks (ES) vs. 2000 (NQ)...

I'm gonna have to give more serious thought and analysis to @theapprentice's rotation theory

(I almost never trade NQ or YM)

 

I'm still mindful that contract rollover can influence price action somehow. Don't have much confidence either way these days to be honest - based on reasons already mentioned.

I've considered making the switch to NQ, but ES have been plenty volatile these last few years. NQ seems like a superior trading instrument, but it's a bit more unpredictable and 'dirty'.

 

@schizo, if you're there...



What's your take on ZB / ZN?

 

Based on a suggestion @Laissez Faire made to me I have embraced @theapprentice's rotation theory. My trades today and most days are NQ and YM.

 

Maybe, but as others have pointed out, sometimes it's YM ripping and NQ crawling.

 

Out of the 7 magnificient, only NVDA and TSLA up

Kind of a weird breakout



Decliners lead advancers by a 2-to-1 margin at the NYSE and by a 3-to-2 margin at the Nasdaq

 

I'll be damned if this actually sells off after all.

That opening rip sure fooled me.

What was the suggestion?

 

Looks like the test of yesterday's low coming up. Black cat ear Friday commences after all if that's not bid?

Still like that SPX 6000 target if momentum picks up.

 

You said if you were starting over today you'd focus on YM and NQ lol