ES Journal - 2019/2020

Status
Not open for further replies.
Buy1Sell2 said:
Boon Time!!
More...

Buy1Sell2 said:
Yep---within 20 minutes.
More...

"Boon-time":

Buy1Sell2 said:
In my view, we are right here at the bottom of this move at the 3250 area and I look for a new bottom to form right here and likely a big up day tomorrow. As always, I manage risk to a loss of only 2 percent or less of TLNW.
More...

Great call B1. :rolleyes:
Hows that 3250 working out for ya?

Ya called an intraday 10 point move with the Vix at 60 and you BRAG LIKE A FOOL...

And yet you missed a 700 point drop with the Vix at 14 calling a bottom all the way down.

"Boon-time in Foolsville".

upload_2020-3-27_22-53-48.png
 
Last edited:
vanzandt said:
....Either that or one of two other things... you're a bot... or you have serious fucking aged adult onset dementia.....
More...
I think of this thread as being like a giant disney land concrete mixer of people all flipping around with ideas and trades and emotions, in amongst is both bullshit and jewels coming at ya left and right.
 
themickey said:
I think of this thread as being like a giant disney land concrete mixer of people all flipping around with ideas and trades and emotions, in amongst is both bullshit and jewels coming at ya left and right.
More...
It's the direct reflection of the stock market, including all its hysteria. I mean look around you. People are dying and getting sick (left and right), and yet most of the people on this forum are concentrating only on whether the market will head higher or lower. :rolleyes:
 
mrtimharrington said:
Fingers crossed we get some sort of rally, but I am not holding my breath. We could gap either way on Monday - makes no difference to me, no position - but I would not be willing to bet which. That was a weak close in my opinion and I fear we flush lower once again. 2180ish and then 2120ish - that sort of area, that was gained during the initial Trump rally might be worth a look on the HTF for a bigger bounce.
More...

So the low was 2174, the exact open of the August '16 high ('2180ish') that I was referencing above, the 2120ish (2123.50 to be precise) comes from the November '16 open (post-election dump and rally). Closing above 2508.25 (look at monthly, should be self evident, technically the first target of this move as it is the last level we lost on the monthly time frame) feels significant but I am finding it very difficult to separate chart reading and the virus. Never ceases to amaze me how this stuff works across time frames so consistently mind you.

Yesterday was a pretty bearish - British pm tests positive, Spain/Italy new record deaths and whilst we did sell off at the close, the S&P has held up pretty well. This virus has not properly got going in the US yet mind, which is why I expect we will end up going back down to revisit the lows at least in the coming weeks before bottoming out properly - this would also fit with bottoming patterns of the past.

You cannot rule out new lows either, as I said above we are yet to see what impact this will have on the US in the coming months - it took take a long old while and there is always the risk of the second wave worldwide if we are not careful. We have yet to hear of any big banks or businesses going bust, yet to confront the worst of the virus in the US etc. etc. plenty of funnymental reasons for new lows without a doubt.
 
SPYgrain said:
you have a very lopsided H&S on 15 min...minimum downside 2370 which coincides with another trendline I have on 60 min and a balanced buildout of bigger IH&S..
More...

Nice observation...

I just saw a convoy on National Guardsman in Humvees driving up Rt 17 here in north jersey making their way into Rockland county NY ..can’t remember the last time I’ve actually seen the National Guard being deployed like this.... hmmm....
 
Status
Not open for further replies.
Back
Top