ES Journal - 2023/2024

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

  1. A look at the investment landscape of retirement funds and where they are at. The metrics calculated are percent off 52 week highs and lows. The market is still significantly higher and most haven't felt the pain enough to bother.

    funds.png
     
    #9971     Aug 2, 2024
    Picaso likes this.
  2. upload_2024-8-2_9-22-20.png
     
    #9972     Aug 2, 2024
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  3. LOL. Whole world's trying to pick a bottom here. Just saying it can dip a bit further than one might think.

    Does that mean you're long here?
     
    #9973     Aug 2, 2024
    theapprentice likes this.
  4. The last time (last Wednesday) we saw a larger gap down near the prior week lows it was a solid down day.

    If this doesn't recover a bit back in range by the Open, I'm starting to wonder if this might just not sell a bit more after all. The week's only down 0,23 % by yesterday's close. Who's to say we can't see 2 or 3 % down even?

    First week of August last year was down 2.35 % at most. That's another 70 points lower.

    Not a prediction. Just thinking out loud...

    upload_2024-8-2_11-2-1.png
     
    #9974     Aug 2, 2024
    Relentless and Picaso like this.
  5. Picaso

    Picaso

    Have your breakfast first!

    Edit: ok, it seems @theapprentice doesn't even need to have breakfast for back to back winning trades :thumbsup:
     
    #9975     Aug 2, 2024
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  6. #9976     Aug 2, 2024
    Picaso likes this.
  7. Market's not acting right here near the lows. There's just no bid here and the bounces are weak.

    SPX 5375 in RTH now looks very much possible.
     
    #9977     Aug 2, 2024
    Picaso likes this.
  8. weak as cat's piss
     
    #9978     Aug 2, 2024
    Relentless, Picaso and Laissez Faire like this.
  9. tried ss again
     
    #9979     Aug 2, 2024
    Picaso likes this.
  10. out here.
    flat for a bit now I think.
    Feels like we go a lot lower, but i'm just getting less and less comfy taking shorts here lol
    upload_2024-8-2_12-10-8.png
     
    #9980     Aug 2, 2024
    Picaso likes this.