ES Journal - 2019/2020

Buy1Sell2 · Jan 17, 2019

Let's see how much this obvious 5 min chart sell signal takes us. Probably just a little pullback but could play into the large move that I am forecasting. In which case I would be wrong about the large move direction.

Buy1Sell2 · Jan 17, 2019

Looking at 2610 to 2620 area as a good buying zone for further upside later today. We are further into the 2 hour period where the large move commences.

ESfocus · Jan 17, 2019

Still no cofidence not surprised to see big retraces.

SPYgrain · Jan 17, 2019

NQ showed significant positive divergence at 1157 cst..

Pekelo · Jan 17, 2019

We have a triple top, yesterday morning, afternoon and now, RSI diverging as usual...

ESfocus · Jan 17, 2019

What we have is, also, imo is a BO in the making above 2626.

Pekelo · Jan 17, 2019

We have a triple doubletop (3 double tops in a row) or to simplify it (and confuse everybody), a head and shoulder where the head is a small triple top. 5mins 2 days cash chart.

Buy1Sell2 · Jan 17, 2019

I would like this 2622 area to now hold and support us for the afternoon higher. So far it has

Buy1Sell2 · Jan 17, 2019

Pekelo said:
We have a triple doubletop (3 double tops in a row) or to simplify it (and confuse everybody), a head and shoulder where the head is a small triple top. 5mins 2 days cash chart.

I looked at cash chart and I do not agree with this analysis.--There has been no new high today--in fact it could be argued that the triple top was yesterday and that it has failed.

Builder17 · Jan 17, 2019

Buy1Sell2 said:
And due to that, I don't need to pay attention to news or fundamentals.---Rather, the charts will tell me.

news can take us where technicals wanted to go anyway