ES Journal - 2019/2020

[newbie463]

a larger HS with a lower rt neckline - 5/15 min is potentially forming..therefore 3230-3233 needs scoring again before nullifying HS..

that's the one i thot you were referring to earlier. can be seen on 2 day 5min chart?

 

[SPYgrain]

• that's the one i thot you were referring to earlier. can be seen on 2 day 5min chart?

sure could be called same one with lower rt neck..building new rt should now..

 

[syswizard]

seems like buyers are very determined to your point syswizard

Dip 'n Rippers came back. Look at that 3:15 pm move. From weak to strong in a minute.

 

[SPYgrain]

YM/ES filled their gaps to the tick..only gap left to fill is 2/21-2/24...
5 min HS null..

 

[Relentless]

I bet we see 3035 before we see 3365. 165 point spread.
Bet?

That should give us another retest of the 200ma if not too far out.

You run an approx time frame on that outlook or you just pencil the levels but not necessarily with a duration correlation?

 

[tiddlywinks]

I want in!

That should give us another retest of the 200ma if not too far out.

You run an approx time frame on that outlook or you just pencil the levels but not necessarily with a duration correlation?

In the 5m chart with POCs posted the other day,
there was 1 naked POC above at 3218, and still are
3 naked POCs below...

3104.25
3063 --> pretty close to The Pencil of Zandy.
3027.75

There are more below too.

 

[Gaslight Capital]

Very important to get through this 3233 area and establish it as a new floor. This is critical over the next several days.

Lately it has been a ceiling with a skylight. Market sees daylight and then its groundhog's day all over again and it runs and hides below.

 

[syswizard]

Anyone notice the big "Dash for Trash" today ? Restaurants, airlines casinos, cruise lines, etc. ?
Many of these companies are not going to be around next August....probably the earliest date for a covid vaccine roll-out.

 

[Relentless]

Anyone notice the big "Dash for Trash" today ? Restaurants, airlines casinos, cruise lines, etc. ?
Many of these companies are not going to be around next August....probably the earliest date for a covid vaccine roll-out.

Just a knee-jerk response to false hopes of a vaccine.

 

[Overnight]

Just a knee-jerk response to false hopes of a vaccine.

I wouldn't say the hopes are false.