ES Journal - 2023/2024

My thoughts exactly



Buy the 0,01% dip?

Edit: cancel buy the dip! sell this overbought bubble!!!



I think this market is in "'let's wait till Friday's PCE" mode.

 

tightest weekly range so far this year, tomorrow will have a move, likely to the downside.

 

Sure is tight. Why you think it's likely to the downside and not the upside?

Regardless, I don't see how the bear is in control. We're like 20 points from all time highs and bulls are fat on profits while the bears blew up ages ago.

Tomorrow is end of June. Last year we rallied.

 

Trying to teach my girlfriend some basic TA. Guess it's obvious to everyone else.

 

Sell anything better than 5548.50, target 5522.50 or lower.

 

BTFD.

L34.

 

Stop at 31.

 

Move stop to 33. 1 point risk.

May engage again if stopped and the 30 level holds.

A move back to top of the range or higher looks good to me, but not overconfident.

 

Stopped for a point loss.

Big level here. Took the early long at 32.

 

Stop at 28. If this one breaks - may get that leg lower after all.

Assuming the range low holds for now.