ES Journal - 2019/2020

[tenny1886]

damn time to load up again.

 

[tenny1886]

needs to go back to 30.00, if not might look for short.

 

[Buy1Sell2]

Intraday trend now decidedly down. --

 

[nickynoes]

Intraday trend now decidedly down. --

Pretty broad channel though, and the bulls took out the previous high from the last touch of the top of the channel. Bears need to break the previous low of the previous swing down.

Overall I think there is a larger chance for a down move or a trading range today.

 

[maximumpossiblesuffering]

I want to see ES test last week’s high before I feel comfortable enough to short for a scalp. The market has come a long way recently on heavy short covering and I see last week’s high being formative resistance.

 

[vanzandt]

Predominant trend continues to be down.

Within 1/2 hour of that post, the ES had climbed 35 points. 35 points B1!
What exactly do you use for indicators? Seriously.

I am selling bounces and rallies for extended gains and buying pullbacks for fixed gains.

What does that even mean?

 

[speedo]

Within 1/2 hour of that post, the ES had climbed 35 points. 35 points B1!
What exactly do you use for indicators? Seriously.


View attachment 207442




What does that even mean?

Best to simply not pay attention although that can be tough.

 

[Buy1Sell2]

Trend continues to be down here. I am selling the bounces for extended gains and trading longs for fixed gains. I look for fresh selling.

 

[maximumpossiblesuffering]

Within 1/2 hour of that post, the ES had climbed 35 points. 35 points B1!
What exactly do you use for indicators? Seriously.


View attachment 207442




What does that even mean?

A mere technicality. As one can see, the Bulls are exhausting themselves, leaving them vulnerable to a Bear attack!

 

[Buy1Sell2]

A mere technicality. As one can see, the Bulls are exhausting themselves, leaving them vulnerable to a Bear attack!

Correct. This is the way that bear markets work. Predominant trend is down but you get bounces. I expect more selling.