ES Journal - 2023/2024

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

  1. some selling at last. Red day for me, but really can't complain.
    Think i'm down about 20 ES points today, but i've had about 3 weeks worth of like +30 point days just buying dips so not too sad about it

    For now assuming this is nothing. Probably just a nice dip to buy. Generational even?!! lol
     
    Last edited: Dec 6, 2023
    #6101     Dec 6, 2023
    beginner66 and Laissez Faire like this.
  2. Overnight

    Overnight

    I would think the generational dip to buy would have been 6 weeks ago as far as speed goes. 450 points in a month? Oy!
     
    #6102     Dec 6, 2023

  3. yep!

    didn't trade it great, though. Shoulda held them longer each time
    upload_2023-12-7_17-33-10.png
     
    #6103     Dec 7, 2023
    semperfrosty likes this.
  4. nice catch, but I think it topped at 06 today, above that I am back to the long side
     
    #6104     Dec 8, 2023
  5. jl1575

    jl1575

    ES only needs to gain about 140 pts to reach 4800 after rollover next week. It is 4660 at the moment for the March and there are 3 weeks to go. It looks like B1S2 could get it right again early on.
     
    Last edited: Dec 8, 2023
    #6105     Dec 8, 2023
    Builder17 and Buy1Sell2 like this.
  6. jl1575

    jl1575

    The recent rally is pretty strong, and it could force the shorts to cover fast if it gets trading around 4750.
     
    Last edited: Dec 8, 2023
    #6106     Dec 8, 2023
    semperfrosty likes this.
  7. jl1575

    jl1575

    I wonder if this looks like the Cup and Handle pattern?
     
    #6107     Dec 8, 2023
    Big AAPL likes this.
  8. #6108     Dec 9, 2023
  9. jl1575

    jl1575

    Up momentum still looks strong and intact but there could be some fluctuations
     
    Last edited: Dec 9, 2023
    #6109     Dec 9, 2023
    Buy1Sell2 likes this.
  10. Buy1Sell2

    Buy1Sell2

    Certainly possible with a Sandy Claus rally at month end.
     
    #6110     Dec 9, 2023