ES Journal - 2019/2020

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EXv-XKDX0AApZXr
 
WTI Crude (CL) had a wild day. Saudi's made an announcement of another 1 M BBL/Day cut-back in production beginning in June. CL immediately spiked $1, retraced and then went up $1.50 to highs of $25.58. It declined the rest of the session until 1:30 pm when there was a rebound. Close of mid $24's. Expect continued volatility as we approach June contract settlement on May 19th.
 
Huge up-market
That's the hardest trade... up we go.
Via the staircase.
The correction will be via... not the elevator this time.... this time it'll be a window with a view.

Oh.... and as I have said.... the VeeZee top.... aside from a few short lived spikes, will most certainly be the # to beat for at least 3 years. There is no doubt.
Case closed.
 
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