ES Journal - 2019/2020

tenny1886 · Jul 18, 2019

Utah said:
I am losing confidence in my short.

it is in the works, just need to find the entry right.

Utah · Jul 18, 2019

tenny1886 said:
it is in the works, just need to find the entry right.

I'm not so sure anymore. These bulls are pretty strong.

tenny1886 · Jul 18, 2019

89.50 is the top of the range on my 4.5 k

Utah · Jul 18, 2019

Keep in mind that the Philly Fed Manufacturing Index came in strong. It could have been enough to kill the bears.

tenny1886 · Jul 18, 2019

two waves completed, final wave will have to wait. how high not sure, at the moment could be around 91.50 mark.

speedo · Jul 18, 2019

It's easier to follow the bouncing ball than to tell the future

Utah · Jul 18, 2019

speedo said:
It's easier to follow the bouncing ball than to tell the future

Especially today.

Utah · Jul 18, 2019

One promising sign for a continued downtrend is the bounce off the 34 EMA on a 60 min chart. But I'm not super confident in any position right now.

speedo · Jul 18, 2019

Utah said:
Especially today.

Other than strong trend days, I typically get short and long signals but then again I aim for modest gains (and of course fewer and more modest losses)...Don't have the patience for backfill action.

tenny1886 · Jul 18, 2019

still no clarity will have to wait it out.