ES Journal - 2019/2020

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wiesman02 said:
The pattern sure does look pretty on the daily. Can they rip it to 3k overnight ?
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There is just too much volume at this level from last year looking for an exit near break even. If it goes up I am betting it is going to be a grind - atleast two weeks - or a swoon down before the move up.

That's my view. If it works out, will make money from calls I have written and puts I hold. Else will have to take a loss.
 
Whynottrade said:
There is just too much volume at this level from last year looking for an exit near break even. If it goes up I am betting it is going to be a grind - atleast two weeks - or a swoon down before the move up.

That's my view. If it works out, will make money from calls I have written and puts I hold. Else will have to take a loss.
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There's also a lot of shorts around 2970ish. Won't take much for it to squeeze up. Especially with this V reversal from Friday morning.

I'm long @ 2962 with a stop at 2953
 
Whynottrade said:
There is just too much volume at this level from last year looking for an exit near break even. If it goes up I am betting it is going to be a grind - atleast two weeks - or a swoon down before the move up.

That's my view. If it works out, will make money from calls I have written and puts I hold. Else will have to take a loss.
More...

+1
 
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