ES Journal - 2023/2024

Discussion in 'Journals' started by Buy1Sell2, Dec 6, 2022.

  1. At this rate I'm starting to wonder if we'll indeed see the 2nd Inside Day in a row.

    This may be our only chance at seeing some movement today, but I'm not holding my breath.

    upload_2023-5-16_20-58-1.png
     
    #4511     May 16, 2023
  2. spectastic

    spectastic

    upload_2023-5-16_12-49-57.png
    the dollar strength doesn't inspire confidence for the bulls. also nasdaq just hit a supply zone, along with a lot of the megacaps. difficult market
     
    #4512     May 16, 2023
    Laissez Faire likes this.
  3. Cessna06P

    Cessna06P

    So much for the into the close liftoff.
     
    #4513     May 16, 2023
    Laissez Faire likes this.
  4. Finally! :)

    I've been long all day, but finally took the hint.

    Overall a losing day, though.

    Please let there come some volatility into this market.
     
    #4514     May 16, 2023
  5. spectastic

    spectastic

    we need to make vix great again
     
    #4515     May 16, 2023
    Laissez Faire likes this.
  6. spectastic

    spectastic

    or reclaim the range overnight.
     
    #4516     May 16, 2023
  7. mervyn

    mervyn

    #4517     May 16, 2023
    Builder17 and Axon like this.
  8. #4518     May 16, 2023
  9. schizo

    schizo

    #4519     May 16, 2023
  10. spectastic

    spectastic

    upload_2023-5-16_14-17-36.png
    spy over equal weighed sp500. currently at the same area as 2022 top. I'm sure something is coming. but the boogieman doesn't come when everyone's looking. upload_2023-5-16_15-12-56.png
    COT data shows net short interest is still building

    upload_2023-5-16_15-13-29.png
    cross reference with GFC, similar looking in sentiment. shorts were forced out after 9/18 when fed announced 50 bps rate cut. 2 weeks later, market topped.
     
    #4520     May 16, 2023