ES Journal - 2023/2024

The market's in a tricky spot here, IMO, but I would assume the risk is to the long side and becoming a bag holder up here.

 

Depends on your time frame and position size relative to your TLNW.

 

We're all degenerate day traders / gamblers, here...

 

Cup and Handle pattern with megaphone being the handle is still intact. --Approaching upper megaphone line. No breakout yet. Festering continues. Staying long--- Headed out for 19----Talk soon.

 

Did you guys happen to notice where the SPY topped out at on the big spike?
~ #themagicpencil

 

I just saw this.

 

Is there still low hanging fruit or will the fear set in again?
I bought PNC at the bell yesterday and just closed it for +$5
If my personal history is any guide, they'll probably keep going up now.
I always do that.

 

Did you see recent deleted tweet from Michael Burry?

 

Don’t know about the banks, but bought schw at below 55 last week. target 65 and 70 exit.

 

No. What was it?