ES Journal - 2019/2020

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Looking at the weekly chart it is not so weird we visit these areas to construct a ceiling ;)
For me it is the first time I experience this kind of market so I keep an open mind but it is hard to believe we will not be rejected hard soon.
True. Keeping an open mind is the most important thing. You don't know how many stubborn bears got burned alive in 2011 and afterwards. I think we had a few in here as well. I no longer see them.
 
Looking at the daily, it looks damn bullish. I expect we hit 2850 in short order.

Shorts kind of disappeared.
Let's see.

I am short @ 32.25.
I expect a least a retrace towards 2680

But I wouldn't be surprise if we reach 58-72
 
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Shorts kind of disappeared.
Let's see.

I am short @ 32.25.
I expect a least a retrace towards 2680
I see your rationale for 2680, which is the next floor down, but that would literally negate all of today's rally. So it's possible but not likely IMO. But we'll see.
 
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