ES Journal - 2019/2020

[vanzandt]

Hmmmm.
We may creep higher, but I'd be willing to bet at some point before 8/21, we see a sharp reset back to the 3200 area.

Did I say 8/21?
I meant 9/21.

ET starts to become more and more a subdivision of Youtube...

Trade2Win is having a members drive if you're interested.

Doesn't look good today, Dax is down 4%

XLF, XLI, IJR, XLE all looking bad on the daily, the first time in the past few months.

I'll buy the dips after a significant V reversal, until then bearish AF

The only thing down more than the Dow Transports... is XLF.

 

[syswizard]

The only thing down more than the Dow Transports... is XLF.

Russell 2k (IWM/RTY) down 4% today.

 

[themickey]

Expecting a bounce US Tuesday.

 

[vanzandt]

Expecting a bounce US Tuesday.

Hmmmm.
We might get a bounce, but the trend will be down for a bit.
I know you hate China... but I say buy the Hang Seng at 22,800 if it drops that much in the months ahead.

 

[themickey]

Hmmmm.
We might get a bounce, but the trend will be down for a bit.
I know you hate China... but I say buy the Hang Seng at 22,800 if it drops that much in the months ahead.

Reaction bounce, short lived, I'm uber bearish until minimum Nov-Dec.

 

[vanzandt]

Massive move upwards in financials Has begun . I remain long financials.

XLF is at June levels buddy.

Yeah I knoooow.... its a buying opportunity... "I remain long". Right.

I told ya those option writers don't give away money, especially on a major ETF.
Those January 2022 $27 calls....

2022(!)

.... are about $1.50 there Warren. At the money are $2.80.

I'll tell ya what though, if you're right... you'll 2X your money easy. Why f around with this ES crap? If this "massive" move is imminent, only a dummy wouldn't buy those calls now.

Just sayin'....

 

[vanzandt]

Reaction bounce, short lived, I'm uber bearish until minimum Nov-Dec.

Reaction bounce...
.......down under.

 

[Buy1Sell2]

I think we may have a strong barn burner rest of day thru at least tomorrow. But even if I am right, that's no edge. What the edge is is the ability to curb losses to a minimum related to financial position and let profits run to maturity.

Looking good so far. Excellent closing today.

 

[vanzandt]

Out at 3374.00 for gain of 325.00 pts. I have rolled into Dec long at 3364.25. Reevaluation area will be 3250.00

I'm out at 3282 for a gain of 294 points.

Here I'll play too... long 2988, initial stop 2673.

 

[syswizard]

Looking good so far. Excellent closing today.

Well, it certainly was for NQ. Big tech stocks back in favor. Small caps (IWM/RTY) remain weak.