ES 1-4-22

Jeffrey A. Hirsch
@AlmanacTrader
·
1h
January Weaker Last 21 Years. January has started out positive all logging gains in the first half of the month, but weakness then creeps in. From around the seventh trading day to the end of the month declines have prevailed over the last 21 years.

Ticks are positive around plus600 to start the day. Fresh buy signals too,but i havent seen much oppurtunity so far. 3837 might be a buy scalp i`ll probably take on boredom

oops! Meant 3857 ,not 3837

ugh! stopped for a loss of 10 points. buying now cause the opening gap was just filled on the cash index

Long a couple at 3844.

Im probably toast here but if they give it i`ll exit both at 3857

ok, back on track now.. Exited both at 3857 for plus 13 (x2 ) on the trade, now up a whopping 6 points on the day. The reason i chose not to keep a runner is cause in this range bound mish mash environment its harder to decipher direction, at least for me.

Ticks have climbed up to plus 600! So i should have kept a runner. They probably want new daily highs