ES Journal - 2019/2020

[mbondy]

I get that. Been one hell a run last few days...maybe a little too much too fast??

Agreed. Looking for a quick test of 2500 and some stabilization before a sustained move up.

 

[ESfocus]

2500 is way down there. Burn off 80 pts quickly??

nah.

 

[Buy1Sell2]

Long 2588.25 Initial stop 2568.00

Staying long hier. we've had our pullback----trend is up---no obvious reason to be short.

 

[ESfocus]

nice POP, will it sustain?

 

[mastacoli71]

Shorted 83...scaling up to 2628.

Add 92...avg 87.5

 

[mastacoli71]

Continues to climb the wall of worry

 

[ESfocus]

we aren't climbing the wall of worry, this a redistibution. Bulls from way below taking off some profits, not all but some.

the economy is great.

trump is the wild card, that has yet to be played out. he's creating lots of uncertainty i'll give you that

 

[Buy1Sell2]

When trend is up, nearly all of the sell signals that you get will be for small gains or will not pan out at all. Conversely, when trend is up nearly all buy signals will be valid.

 

[Buy1Sell2]

Huge move imminent from here til end of week and perhaps beyond. I suspect it will be to the upside. As always though trading is amout risk management. It's what you do with the winners and losers that is the edge.

Badda Book Badda Boom

 

[ESfocus]

i don't thinh we will see 2600 before 2580, or lower