ES Journal - 2019/2020

[NQurious]

I'm targeting 2929 myself.

I'd like to go on the record as looking for ESM/ESU to trade 3110 or higher by the end of June 2019

 

[speedo]

The "bear market" continues

 

[glazier]

Done for day I think. Lets hope that tomorrow is a generous.

(Will only trade anymore today if my man throws a trade my way!)

 

[NQurious]

Good trading today, Glazier ... so glad you weren't throwing shorts against the wind all morning. This is a tricky bear market for the bearishly inclined.

Just about 11:30 Eastern so I would suspect a pause and some lunch hour doldrums should be upon us soon.

 

[Buy1Sell2]

We are now right near the top of the entire move from late December 2018. Shorting size soon.

 

[Buy1Sell2]

Support on the move is 2890. We'll need to sell down and get thru there for legs to the downside.

 

[NQurious]

We are now right near the top of the entire move from late December 2018. Shorting size soon.

 

[Buy1Sell2]

Intraday, we'll need to sell thru 2927 and get a chance for intraday legs down. --Plenty of time today for that to happen.

 

[Buy1Sell2]

The strongest support intraday is at 2924. That will be an interesting area should we get down there. I anticipate strong selling and profit-taking very soon today.

 

[SPYgrain]

Intraday, we'll need to sell thru 2927 and get a chance for intraday legs down. --Plenty of time today for that to happen.

imo, this is the breakout of a meltup..
"markets can stay irrational longer than, etc"