ES Journal - 2017/2018

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There it goes.
Maybe wait for 240.
There's +240 (23275)
That should just about do it.
Buyers are still going to have the jitters after last week.

That said, what is the one thing Trump still has 100% control of that can affect the markets in a positive way if played right?
Easing off China.
He needs the markets to go up.
Pretty obvious how this will play out if you think about it and you think about Trump.
Near term at least.
 
There's +240 (23275)
That should just about do it.
Buyers are still going to have the jitters after last week.

That said, what is the one thing Trump still has 100% control of that can affect the markets in a positive way if played right?
Easing off China.
He needs the markets to go up.
Pretty obvious how this will play out if you think about it and you think about Trump.
Near term at least.
You said that 8 hours early. It was a absolute perfect call on the YM mini I see. 8 hours early. How?
Do you think President Trump will make peace with China now?
 
Do you think President Trump will make peace with China now?
Peace (?)... lol
But yes, he will make a face saving deal with Xi, the Fed will back off its hawkish stance a tad, and somehow or the other Trump will get a few billion to save face on the wall and re-start the govt.
All that said.... sell any rips.
Look for value in the tech sector for the long haul... but the meteoric runs are over, they'll be stomped with sellers for awhile.
 
Interesting chart. :)

Is it a simple chart overlay?

Pretty much, yes. Below is a chart for the 07-08 with the dates.

SPX_early08_analog.jpg
 
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