ES Journal - 2023/2024

expecting asia session sell off continues, push to 3989 or lower.

 

Asia's been very dull lately. More action in the European session for sure.

Trend day down closing down -2,01 %. It's the weakest close so far in 2023.

I think we'll trade below 4K on tomorrow's open, but it's quite possible that dip will be bought. FOMC minutes can sure shake up things by end of day.

 

That 50% retrace from early January would be a good excuse for a pullup
let's see what happens.

 

I gave you a like for the call...now dispense from the ghetto talk.

 

Well, that's kinda no-brainer ain't it? We're at 4006 as I type. But, yeah, anything goes in this market.

 

Why would you say it’s a no-brainer?

 

C'mon now, we're only talking about 6 point move. How hard is that?

 

By tomorrow’s Open I do mean RTH. That’s in 15 hours.

Not every day trades below the prior day low.

So, not a no brainer in my book. Although like I said I think it’s likely for tomorrow. Could be a great buy, though.

 

Good day today---Only lost the 4.25 pts due to my filtering process and quick stop. Same game plan tomorrow. I'll look for longs on fresh momentum.

 

It's certainly possible that The Underwearers could drive this thing back up quite a bit before RTH. I hope that's not the case.