ES Journal - 2019/2020

[Buy1Sell2]

3400 is now a given

Yep!-----Pork Bellies----I knew it!

 

[Laissez Faire]

My intraday model (which is frequently wrong) suggests lower odds of new highs from here and about 60 % odds of new lows (but probably not much below 3400).

 

[Laissez Faire]

For the chart pattern guys we now have an IHS in place and at the same time we're setting up the right shoulder of an H&S.

Make your pick.

 

[wiesman02]

I thought the opening sell off was an easy catch, but easy is relative. My PA prediction for rest of day predicts sloppy and choppy. Not my favorite stuff to trade. Hope I’m wrong and u guys make some cash

 

[Laissez Faire]

I thought the opening sell off was an easy catch, but easy is relative. My PA prediction for rest of day predicts sloppy and choppy. Not my favorite stuff to trade. Hope I’m wrong and u guys make some cash

Agreed. The way I see it - there's no strong edge either way at the moment, but with stronger odds of a new low. That can of course change in an instant.

I'm happy to break even today as I'm a trapped short. Ideally we stay below 20/24 from here.

 

[Laissez Faire]

My intraday model (which is frequently wrong) suggests lower odds of new highs from here and about 60 % odds of new lows (but probably not much below 3400).

Updated data as of now suggests 10 % odds of new highs and a 50 % odds of new lows - with a 40 % chance then that the range is set.

Let's see where she goes.

Any takers?

EDIT: If we are to print new lows or close at the lows - we should not trade (much) above 20,50 from now and to the Close.

 

[Buy1Sell2]

The XLF trend higher continues here and is still looking real good for a huge move upwards.

 

[Spooz Top 2]

Best setup of the day was the 09-10 Long at 10:55 ... other than that, we`re in a scalp a thon... for those that can....

 

[Brianharvey]

more it drops the bigger the bounce

 

[chillibean]

bears had their fun there for the week.
Bulls turn now :_)