ES Journal - 2019/2020

[mastacoli71]

Just realized typo on cover...was 2626...just added back on at 2644...avg 2634.5

Last add 2652...avg 2643.23

 

[Specterx]

I see confluential resistance at ES 2710-2720, so at the moment I'm anticipating this zone will stop the advance and give us our best shot at a reversal down.

The bigger question IMO is whether this is going to develop into a more extended bear. In terms of newsflow we are starting to see some signs that the tide is changing, so it's certainly looking more likely than a few months ago.

For the moment though we're just in a bull grind...

 

[Buy1Sell2]

I prefer pullback overnight, not runup. We'll just have to deal with this as we'll likely have our pullback during RTH.

 

[Buy1Sell2]

This so far 20 pts jump is fundamentals/news related based on the US contemplating lifting the Chinese tariffs.

Fundamentals beat technicals all the time...

Then how do you account for the fact that folks using technicals forecasted long yesterday well before the news and snap-jump?

 

[Buy1Sell2]

I am calling it, we have topped. We are going down from here...

I applaud your honest and vulnerable calling. Others are unable to show themselves .

 

[Buy1Sell2]

Surely we'll fill the cash gap today at some point at 45. --2622 making a bid now for new short term floor as well.

 

[volente_00]

I am calling it, we have topped. We are going down from here...

You must be following desterios short calls again

 

[volente_00]

Surely we'll fill the cash gap today at some point at 45. --2622 making a bid now for new short term floor as well.

We filled Decemwver s&p cash gap at the open. Lots of air below

 

[vanzandt]

2660 will be the top until the shutdown's over.

 

[Pekelo]

You must be following desterios short calls again

Yeah, that was a bad call. The follow through of yesterday's spike should last at least today.

By the way I don't follow anybody. I was just a bit angry that fundamentals messed with my technicals, and I really wanted this to go down.