ES Journal - 2019/2020

[Laissez Faire]

Not a chance we'll sell off today. At least if a sell off means making new lows. This day structure is trading 101 and easily recognized as one with shallow counter trend moves where the market reverses to new highs just as early shorts start to salivate on their perceived profits.

If a sell is coming on the daily it will be some other day...

In my humble opinion of course.

 

[Buy1Sell2]

Short 2823.00 Initial stop 2825.25

 

[vanzandt]

Short 2823.00 Initial stop 2825.25

??

Short 2819.00 Initial stop 2892.00

 

[Buy1Sell2]

??

I have an outraday trade on and an intraday trade on.

 

[fordewind]

boooooom!

 

[volente_00]

Same pattern as yesterday. I'm confident the LOD is in and that we'll close above 08 today with a good chance we'll make new highs by the close. Today is simply not the day for a sell.

That said, I'm short at 22 for a counter trend move to 20 or 18, but keeping a close stop and conservative on profit taking since my bias is UP.

3 gap ups

RTM

 

[volente_00]

Not a chance we'll sell off today. At least if a sell off means making new lows. This day structure is trading 101 and easily recognized as one with shallow counter trend moves where the market reverses to new highs just as early shorts start to salivate on their perceived profits.

If a sell is coming on the daily it will be some other day...

In my humble opinion of course.

 

[volente_00]

Stop? Target?

Minimum 278-280 spy touch this week


Longer term 2600-2644 on SPX

ES stop is 2831.75

Objectives are

2805
2786

 

[fordewind]

What a cool short is cooming

 

[Buy1Sell2]

What a cool short is cooming

We are currently in a bear market. Fact is, I see things much earlier than most other folks. I may miss on a couple of early entries , but then make up for it in a huge way.