ES Journal - 2019/2020

Laissez Faire · Jan 7, 2020

vanzandt said:
2670 by June B1. Or lower.

I sincerely hope you're right for my own selfish reasons, but I fear you might be wrong...

wave · Jan 7, 2020

There is a 15-22% drop coming.

speedo · Jan 7, 2020

Volatility and range is back...make day trading great again

Buy1Sell2 · Jan 7, 2020

Long 3242.25 Initial stop 3229.00

Laissez Faire · Jan 7, 2020

I think there's a good chance the HOD/LOD is set for today - but if anything, odds favour another push down either towards the low or actually making new lows by today's Close.

My view for today.

wave · Jan 7, 2020

3115 seems likely target at this point.

vanzandt · Jan 7, 2020

2690 on the way.

Overnight · Jan 7, 2020

vanzandt said:
2690 on the way.

!!!

(Your magic pencil is a cruel mistress.)

vanzandt · Jan 7, 2020

Overnight said:
!!!

(Your magic pencil is a cruel mistress.)

Its a no brainer ON.
Thing is, this whole Iran thing, it was not expected.

Before indices drop in a big way after a long run north, they always have a sharp spike up. Some call it a "blow off top". Whatever. You can't go by history. Maybe we've seen a batardized version of it, maybe we haven't.

Either way..... we are going lower. There is no fucking way we aren't.

2690

Overnight · Jan 7, 2020

vanzandt said:
...

Either way..... we are going lower. There is no fucking way we aren't.

2690

I look forward to bowing at your feet when your call comes to fruition, because I have seen your magic pencil in action. I hope you are right on this one, because if it does come true, I'll have a baseline for a dip to buy. (mostly) :-)