ES Journal - 2019/2020

[themickey]

.....Then likely a bit more pullback and a big run to ATHs

Hmmmmm, ATH's? Doubt that very much, the Feb plunge was so severe I think it has set up a bearish condition of thinking which will be hard to squash. In monthly bar terms, lower highs & lows is my call, or similar to Nov 2018 perhaps.

 

[schizo]

Yep!----just had direction wrong. Staying long here. Floor construction still underway at 3020.----and there is plenty of time and the conditions are excellent for a good ole fashioned end of day ripitty doo dah ----and I expect it.

Why not get out and get back in at a lower price? If my newbie guestimate of 2900 is correct, that would cost you over 100 points. I wouldn't call that a "floor construction" but a "floor demolition".

 

[Laissez Faire]

Yeah. Floor destruction in play here. Headed lower tomorrow.

 

[vanzandt]

exactimundo!

Good trading today, I breezed through about 5 pages of (the #1 trading blog....) just now. I was out all day. It looks like you nailed it. Especially that one call. This one:

That was too difficult now, was it?

View attachment 221074

View attachment 221075

Anyway....

Dr. Jerome Powell will have his own unique version of a vacine... 2 more (unanticipated) rate cuts.
.

I gotta admit, I didn't think we'd get them at once.

My quote of the day for B1....

"Build floors.... not walls."
-vz

Maga.

 

[Buy1Sell2]

---And here we are at 3020 once more. This and 3090 are very significant areas. 2985 so far has shown itself to be the current floor while 3020 is still under construction and is important to fully develop.

 

[speedo]

 

[vanzandt]

Kudos to B1.
The traffic on this thread had dropped off as of late, but when the sh*t hits the fan....

 

[Buy1Sell2]

It's possible that with Bernie not doing as well tonight, that the market may view a little less risk going forward.

 

[NQurious]

It's possible that with Bernie not doing as well tonight, that the market may view a little less risk going forward.

Biden is winning red state primaries. Bernie is ahead in Texas and AP called California for Bernie the second the polls close which means he won a resounding margin of victory. Bernie is likely still the front runner and Biden is benefitting from the crooked Obama back room machine and the starry eyed corporate media Obama fan boys.

Bernie is the real deal, imo. If Bernie wins the nomination, he'll give Trump a run for his money. If Biden gets the nod, Trump will waltz to a second term.

 

[theapprentice]

Half Way Point - trying short here 3050