ES Journal - 2023/2024

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

  1. mervyn

    mervyn

    as i posted on another thread, tsmc came in lower, Samsung LG got hammered. Let’s see what US techs/growth stocks can do.
     
    #591     Jan 12, 2023
    c1rcle likes this.
  2. Noone123

    Noone123

    There are 3 none voting Fed speakers today. Market vs Fed again. Stay tuned.
     
    #592     Jan 12, 2023
  3. chillibean

    chillibean

    L 3988.5
     
    #594     Jan 12, 2023
  4. chillibean

    chillibean

    out here +15
     
    #595     Jan 12, 2023
    Builder17, c1rcle and Jaydom like this.
  5. chillibean

    chillibean

    L 3965
     
    #596     Jan 12, 2023
  6. It's interesting to note how strong bullish sentiment was in this journal yesterday. The question wasn't if the market was going to go higher, but how high it would go. A strong day up was pretty much guaranteed.

    I think the same scenario played out multiple times last year as well.

    It seems like the bullish sentiment gets strongest around or near highs and bearish sentiment gets strongest around or near lows.

    With sentiment I don't use any accurate reports from that. Just chatter I pick up here and elsewhere.
     
    #597     Jan 12, 2023
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  7. mervyn

    mervyn

    because people are vested in their trades, not easy to cut loss.
     
    #598     Jan 12, 2023
    hipster ned and Laissez Faire like this.
  8. c1rcle

    c1rcle

    Agreed. But that's what the patterns are designed to do right?

    The caveat is that the market could still turn around today.
     
    #599     Jan 12, 2023
    Laissez Faire likes this.
  9. chillibean

    chillibean

    out here +12
     
    #600     Jan 12, 2023
    mervyn and wiesman02 like this.