ES Journal - 2019/2020

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I’d still be careful going long as volatility on the way up is drying up. While it’s heating up on the downside. This rally 2850-3135 might be over.

See you @ 2500

Edit: 3135 was 50% retracement of ATH’s dump.
 
I’d still be careful going long as volatility on the way up is drying up. While it’s heating up on the downside. This rally 2850-3135 might be over.

See you @ 2500

Edit: 3135 was 50% retracement of ATH’s dump.

Yes the emergency rate cut spiked into the broken TL going back to the Dec 2018 lows. Considering how much air is in this market (Tesla 735, Apple 300, etc), 2500 area connects 2016 and 2018 lows.
 
I beg to differ. I believe we will end up like Japan, never to see the ATH again.

They will print so much money that currencies around the world will plummet.

Indexes will be multiplied by 100
But they ain’t gonna be worth much ...

SPX:Gold
upload_2020-3-5_21-22-46.png
 
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