ES Journal - 2019/2020

[mastacoli71]

VIX declined 13 days in a row after topping out on Dec 24. Yesterday was first Green Day. Friday could get ugly.

 

[mastacoli71]

This is what I like to see, a rising mkt with rising VIX. Added more at 22 with avg now at 10

 

[FriskyCat]

To put into perspective how large this vacuum is from the onslaught in December, AMZN just rallied 30% in roughly 3 weeks to test its 200d MA from below.

 

[mastacoli71]

To put into perspective how large this vacuum is from the onslaught in December, AMZN just rallied 30% in roughly 3 weeks to test its 200d MA from below.

Crazy stuff

 

[Buy1Sell2]

There is no obvious reason to be short here other than odd daytrades. I post trades with stops and losses as a rule.

 

[SPYgrain]

so noone else sees the upside breakout from ascending triangle ? could it be a fakeout ?

 

[Buy1Sell2]

On an intraday basis only, this is a place to exit longs temporarily (2616, 2617).

 

[Buy1Sell2]

so noone else sees the upside breakout from ascending triangle ? could it be a fakeout ?

I looked at your chart recently and I agree that it is breaking out from what you described. Someone else in here though said that an ascending triangle was a precursor to sell off, so wasn't sure which of you was right.

 

[SPYgrain]

put most simply - daily trend is still decidedly up for now..

 

[mastacoli71]

put most simply - daily trend is still decidedly up for now..

Depends on how u evaluate the mkt. Agree on counter long off dec 24 low but not overall. You get long now w/o stop...it could hurt.