ES Journal - 2023/2024

My goodness. It's ripping.

Nothing to do but wait for a pullback now.

 

Huh? You must be good at counter-trend trading.

ES has been up since today's Asian Session.
Then the Europeans push their index futures further up.

So far, there is no indication ES is going down.

 

Buy puts lol

 

Why do you want to buy put when it is not moving at all?

You should react to the market, not
anticipate the market.

 

Buy when everyone else is selling and sell when everyone else is buying.

 

No it was sarcastic, I would now rather expect slowing down more upwards/sideways for the next days

But I must learn not to trust too much on my expections (my personal biased randomness)

 

Maybe just look at a longer term bar chart without any extraneous indicators?

If this current leg up equals the last leg up from October to April, ES will trade as high as 6175.

Weekly chart looks hella strong.

 

i'm guessing longs is free money for a good while yet!
Might get the odd nasty down move, but they're to be followed by the magic 'V'!! lol

happy hunting

 

What is it called when gaps don't get filled? Are those "breakaway" gaps?

 

i like it. That's around where I think the ES is headed next.