ES Journal - 2019/2020

[Overnight]

Context: USA vs. China trade war

First to recover China...Maybe China bought everything it devalued on the global stock exchanges...

That data is two weeks old. We need a fresh graph of that, with the USA included.

 

[Buy1Sell2]

Still have some headwinds to deal with here. It would be nice to see the cash gap at 2707 filled today.

Looks like massive uptrend is in the offing.

6 minutes left-----can we do it?

Hard to believe but yep we closed that cash gap at day's end. (207 pts from first posting)

 

[Overnight]

Hard to believe but yep we closed that cash gap at day's end. (207 pts from first posting)

Doesn't matter, we'll just gap down Sunday night 207 points from last print, because virus beats the fed.

 

[vanzandt]

Just took a decent position in DAL, avg about 35.50.
Good luck all.

I'd like to say I made 13.8% on this. I had a sell order placed at 36.78 though.
Oh well.

This place ! LOL

Yeah I know.

Hard to believe but yep we closed that cash gap at day's end. (207 pts from first posting)

And that buying opportunity at 2920, succeeded by the one at 2770 gets better everyday.

 

[Sekiyo]

We're going to 1666.
Forget about 2920

 

[vanzandt]

The world's a powder keg right now... I could go on and on about a dozen different things, at home and abroad. Geopolitical, economical, social. Some day we are all going to look back and say "how did we not see this coming?" I have no idea what its going to be, but enjoy the good times while they last. There will be a 30% pullback.

For "journal integrity" I'll play the B1 game here. In short at last night's close of 3117 with a stop at 3229. Target 2670. Near term target.

Out for a 717 point gain.
...journal integrity.

PS... where did we close today on Friday the 13th?
2670. Or at least it was with 3 minutes left to go.

 

[Sekiyo]

The French Prime minister ordered that all non essential business must be closed.

Only pharmacy, tobacco shops and food stores will be open.

Welcome to ES 1750

 

[trading_jean]

Exactly the same in Belgium, and as far as I understand Spain is even worse.

And since most countries will face the same challenge (hospitals not being able to cope) I guess most countries worldwide will implement similar measures soon. Why would it be different in US for example?

I hope I am wrong but my best guess is the next two months things will get worse on a global scale before they get better. One bright light in all this is that China seems to be recovering already.

 

[Sekiyo]

Exactly the same in Belgium, and as far as I understand Spain is even worse.

And since most countries will face the same challenge (hospitals not being able to cope) I guess most countries worldwide will implement similar measures soon. Why would it be different in US for example?

I hope I am wrong but my best guess is the next two months things will get worse on a global scale before they get better. One bright light in all this is that China seems to be recovering already.

 

[DarthSidious]

tobacco shopsQUOTE]
Priorities