ES Journal - 2023/2024

That, and 3 days without a new post on B1's "World-wide Interweb's #1 ES blog" couldn't go un-ignored.

 

Im taking a simple approach to this rollover...

I'm trading Z starting tomorrow, Monday. EzPz. Coincidentally, the "official" roll date.

The roll "rules" changed a few months ago.

Good trades to all.

 

Short 4512.25

 

Stop 4515

 

Stop to BE

 

and out be

 

Well 4460.25 came in briefly. The low was a point below that.
Lets see what happens. 4465 now.

 

flat at 82 from 77. switching to december contracts in next trades.

 

Last week was an Inside Week. They do happen once in a while.

If we take out the HOD and don't reverse here (4489 on the September expiry), I'm looking at that open gap at 4502.25 from last Tuesday as a potential target intraday.

NQ just made new highs, so I have a hunch ES will follow along.

 

Just checked my statistical data and it agrees with my hunch. Very high probabilities of a new high by the Close, but not quite sure if we'll get the full gap fill as mentioned above.