ES Journal - 2023/2024

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

  1. upload_2024-7-18_17-52-31.png


    Underlying S&P target reached for today? Dip buying opportunity for the institutional asset managers....
     
    #9031     Jul 18, 2024
    Picaso likes this.
  2. vanzandt

    vanzandt

    Naz down another 1%. It better bounce soon or its gonna get ugly.
     
    #9032     Jul 18, 2024
    Picaso likes this.
  3. vanzandt

    vanzandt

    NFLX reports tonight. Do not go by this, but I think it will drop below $580. And if it does, it'll take the markets with it.

    So, not a prediction, but certainly a heads up if any of you have an open position after 4PM et. And if you're trading in and out around that time, just know, the move will be swift if it happens.
     
    #9033     Jul 18, 2024
    Picaso likes this.
  4. vanzandt

    vanzandt

    The flip side of that coin, it is one of the most loved stocks out there by the institutional folks, so if they come in with spectacular #'s on subscriber growth and it explodes up, then this recent selloff will probably be halted for now.
     
    #9034     Jul 18, 2024
    Picaso likes this.
  5. schizo

    schizo

    I'm expecting the V-crew to show up any minute now.
     
    #9035     Jul 18, 2024
    Picaso and vanzandt like this.
  6. schizo

    schizo

    Long 5610
    SL 5585

    *Swing trade*
     
    #9036     Jul 18, 2024
    Picaso likes this.
  7. vanzandt

    vanzandt

    I hope so. I hope I'm wrong about nflx too.
     
    #9037     Jul 18, 2024
    Picaso likes this.
  8. mervyn

    mervyn

    cash index almost touched 20ma, not a good time to buy dip, imho.
     
    #9038     Jul 18, 2024
    Picaso likes this.
  9. schizo

    schizo

    Think I might have been too optimistic. Oh well...
     
    #9039     Jul 18, 2024
    Picaso likes this.
  10. Picaso

    Picaso

    Yes, I use 21 EMA and it's already below it (in the daily chart).
     
    #9040     Jul 18, 2024