ES Journal - 2023/2024

regressions for the last few years.

 

'they' literally program the algo to drive prices to any point they like and reverse it.

 

There's $462.5 +/- lets see if we get a bounce.
I used 473 and 454

 

You posted a pretty good trade, I'm surprised you're net negative for the RTH.

Did you have any outsize loss or death by a thousand paper cuts?

 

the tick rate significantly slowed down.

 

If you use today's high, $475, it comes out to $460.70

 

Actually, to be exact, I broke out a calculator, using a range of 19 (473-454) X .618 gives us $461.258
which happens to be right where it just touched almost.

473 - .618(19) = $461.258

 

Long zdte $464's at $1.10

 

out 1.08
I don't like it, atm

 

The fib says it should bounce, my eye says bull trap. $461.50