ES Journal - 2023/2024

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

  1. hilmy83

    hilmy83

    Maybe another repeat?
    https://en.wikipedia.org/wiki/Black_Monday_(1987)
     
    #5271     Sep 27, 2023
  2. #5272     Sep 27, 2023
  3. hilmy83

    hilmy83

    I need to see the correlation factor of 2021-2023 chart with 1985-1987 chart now!
     
    #5273     Sep 27, 2023
  4. trying short here 85.5
    8 point stop
     
    #5274     Sep 27, 2023
  5. [​IMG]
     
    #5275     Sep 27, 2023
  6. I wouldn't hold my breath, but I imagine you're joking anyway... :)

    The largest day down since 1990 was the 16th of March 2020 with a low reading of - 12.18 % closing down - 11.98 %.

    Since the current top on SPX (4th of January 2022) we haven't had a single day exceeding 5 % down.

    I'm not trading too actively lately, but seems like days like today with clean follow through down are rare. F**king dip buyers all over the place always ready to shred late shorts to pieces.
     
    #5276     Sep 27, 2023
  7. stopped (manual stop here) -5
     
    #5277     Sep 27, 2023
  8. calling it a day. Later
    upload_2023-9-27_19-27-45.png
     
    #5278     Sep 27, 2023
  9. Now that's an impressive recovery off the lows.

    Seems like the whole world was waiting to buy that trend line touch.

    upload_2023-9-27_20-36-7.png

    Late shorts just got shred to pieces... :)

    This type of late session reversals are fairly rare.
     
    Last edited: Sep 27, 2023
    #5279     Sep 27, 2023
    theapprentice likes this.
  10. Cessna06P

    Cessna06P

    So today was the first genuine test of 4300. The daily candle is a doji. So where to next fellas?
     
    #5280     Sep 27, 2023