ES Journal - 2019/2020

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Target for today might be 2410
I'll try to short around 2630 if ever we go there

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*Beat the closing line*
 
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Buy1Sell2 said:
This market is extremely strong. I am glad to have my long bias. As I have mentioned before, 2650 is a given on this first thrusting above the Izzy Bottom.
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Looking real good here. The first step today is to challenge the late day high from Friday and get above and hold. I believe price will be higher soon----much much higher.
 
Grind baby baby. As i've said the lows in for a while as many others on here saw a retest of lows. 90% of the panic move for the whole cycle is over . We now expect 100,000-200,000 deaths so thats built in the mkt's thought process. A total collapse to -30-50% earnings the next 1-2 quarters is expected . The next phase of this is how does the mkt take all the bad news when it becomes reality. Understand you must build in the greatest monetary fire house of all time into your thinking of how low the mkt goes. The spigot was in full display last week with a 21% 3 days rally. That takes 15 yrs in a cd now to make. With zero other investments money will chase stocks when things "less" bad.The worst mistake a short can make is to believe things are so bad we "must" fall. ALWAYS have your stops in as the mkt's always right
 
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