ES Journal - 2019/2020

Buy1Sell2 · Nov 20, 2019

themickey said:
I don't wish to hound you B1, but your comments are extreme.
If you want to look at the big picture, aluding to 1 bar of the ES doesn't cut it.
If you look at all sectors, majority were bearish today.
Can you see a person in the pic below?
View attachment 213807

It's possible that this will paint a better picture

Buy1Sell2 · Nov 20, 2019

Or maybe this--

Buy1Sell2 · Nov 20, 2019

Or this----

Overnight · Nov 20, 2019

Buy1Sell2 said:
It's possible that this will paint a better picture

Geez, everything on this chart is screaming for a cycle down.

Buy1Sell2 · Nov 20, 2019

Overnight said:
Geez, everything on this chart is screaming for a cycle down.

Short it then.

Overnight · Nov 20, 2019

Buy1Sell2 said:
Short it then.

The last time anyone shorted the massive bear market that began in March of 2018 according to you, they got kinda' burned.

So I don't think I'll be taking directional trading advice from a perma-bear.

themickey · Nov 20, 2019

Buy1Sell2 said:
It's possible that this will paint a better picture

Thanks for reply.
Now I will politely countenance with this chart, what does it show......?

They are S&P600, S&P500, NASDAQ, DJIA.

Overnight · Nov 20, 2019

I see average ranging between 45 and 65 on your chart, Mickey. The blue line looks like it got outta' whack in August, but is now gelling with the rest. They seem to be indicating down.

themickey · Nov 20, 2019

Nasdaq (blue) always performs the best, it's the collective trends to watch obviously.
When they all fall below 50% is when shtf.

Overnight · Nov 20, 2019

Hell, who knows. Black Friday is in 10 days, and we'll get whispers of the all-important consumer spending outlook.

Could get nuts if Lighthizer, Kudlow, Navarro and Trump keep playing their games, which is what caused the stupid "below 50" shit in May and August. I hate those guys.