ES Journal - 2017/2018

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Market wants to rally; closed strong even with the news that Trump wouldn't sign stop-gap Bill. 40 House Reps went home... 10 Senators. He loves the drama and the only thing he understands is how bad the optics are of furloughing Fed employees during XMAS. They may be out of work for a day or two, but he signs it no later than XMAS Eve.

Just my take as I fly to FL.
 
We are not finished with Lo`s here, imo... I wouldn`t be surprised to see us dump the open.

Feels Heavy... even after that PPT induced Rip to save the day!
 
mastacoli71 said:
Roflmao on the Oracle Wizard cape and knee pads. He is probably stitching himself up from the pounding in oil
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Here's where I am. Not hiding, I don't live on ES like you. Trades sorted by entry to make it easier to read.
 

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ETH keeps running stops at 62% fibs on 60 min. Agree with Spooz...still feels heavy.

Once again nice theatrics from our wonderful government into the holiday season. $5 bil for a wall...come on dems...that’s a drop in the bucket compared to what has been shelled out over the years for something that is not working! Sign the f in bill and get on with biz.
 
Spooz Top 2 said:
We are not finished with Lo`s here, imo... I wouldn`t be surprised to see us dump the open.

Feels Heavy... even after that PPT induced Rip to save the day!
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You got stones continuing to short here. I’ve been buying dips since we broke below 2530 although the long term trend on daily is still down. We are so stretched from the 50 and 200 day MA, I fear a rip your face off short squeeze coming.
 
mastacoli71 said:
You got stones continuing to short here. I’ve been buying dips since we broke below 2530 although the long term trend on daily is still down. We are so stretched from the 50 and 200 day MA, I fear a rip your face off short squeeze coming.
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How much shorting going on atm, anyone know?
Have the impression shorts are not out en masse.
 
themickey said:
At the moment, Ya.
More about sellers, but not short sellers.
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I have no idea if there is any way to determine that. I believe a majority of volume is driven by algos that buy and sell all day long on news and technicals. That to me has the biggest influence on the daily mkt moves we see.
 
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