No selling today. Maybe tomorrow.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Last week we had 5 negative closes for the entire week. This haven't happened so many times in the last few years.
Based on this and some additional analysis, I predict tomorrow having a positive close on the day, i.e., above 2743,25. A large gap down open might void this call, but I don't think that'll happen either.
Main bias for now.
Continuing this call - I think we'll see at least 2 consecutive positive closes for the next two following days and most likely trade above 2820 by end of week.
I am not trading this call as I'm strictly day trading, but I'd like to practice my prediction skills over a longer time horizon also.
And I’m sticking with mine. Any pullback is a buying opportunity, imo.
Hell of a rise at that
The bounce was expected but it exceeded my area slightly
Great time to sell some juice into OE
Yes. It was expected but a little larger than I thought it would be when I called it Fri. ---Looking for short opportunities in this bear market. We'll see what tomorrow brings.
Continuing this call - I think we'll see at least 2 consecutive positive closes for the next two following days and most likely trade above 2820 by end of week.
I am not trading this call as I'm strictly day trading, but I'd like to practice my prediction skills over a longer time horizon also.
Reasoning ?
I have SPX trading in 2800-2644 range
On SPX I have turns at 2785, 2795 and 2800
A short covering tally was expected from the objective hit last Friday.
I still think we have a short term too in SPX until we revisit 2640's
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