ES Journal - 2023/2024

L 07.25. 5 point stop.

This is the area where I think the market can fail during RTH if we open with such a large gap down.

EDIT: Low ticked. 5 point loss.

 

Saudi no longer bending over to Uncle Sam. BIG drop today.

 

France is leading the world's stock markets.

Down it goes.

 

Algo clowns are just doing today what they didn´t finish yesterday = close the gap! MEGA CLOWNS!

 

LOL. Who are mega clowns and why?

You think that gap closes today?

 

Nikkei started going down first.

 

Please guys stop the bearish fairytales. Not possible

 

HFT SPY/ES Futures arbitrage clowns. I wouldn´t know whether the algo clowns "think" that the gap is basically closed now overnight. But given the latest Buy-the-Dip mentality, I would assume an opening bell comeback to the upside.

Just read yesterday comments from sell side equity portfolio managers - any fall in S&P is a "dip buying opportunity" given the forward inflation predictions

 

LOL. Why are they clowns, though?

Only RTH counts as a gap close, IMO. As long as this current low holds in RTH, I think we go back up. Maybe a full gap fill below next week?

 

I am one of these clowns as well. But I expected by fellow clowns to close the bloody gap YESTERDAY!

Anyway closing all shorts 5400ish. Flat