ES Journal - 2019/2020

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MLK futures massacre repeat

Time for limit down
:)

From a selfish viewpoint I would love limit down on MLK but not possible unless China retracts their statement on latest trade news. I still believe rising wedge will collapse this week.
 
Forget who asked me to follow up on NQ/ES divergence, here is 5 min chart from 1030 Fri-today 1200 central..the comparison is quantifiable albeit empirical. There are clear swing divergences to to be used for an edge..see the comparison. tell me if you can see the areas to enter short or long with an edge..
 

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Forget who asked me to follow up on NQ/ES divergence, here is 5 min chart from 1030 Fri-today 1200 central..the comparison is quantifiable albeit empirical. There are clear swing divergences to to be used for an edge..see the comparison. tell me if you can see the areas to enter short or long with an edge..
Based on the last divergent lines / NQ's relative weakness, I expect lower opening or a small leg down 1st 30 min/hr tonight..
yes, it was Laissez Faire - thanks.
 
I haven't looked at charts today. MLK day activity on futures chart is meaningless.
On the contrary, I believe every line matters on a chart..maybe you refer to engineering..often holidays/nights are utilized to engineer mkt for more profitable entry next day..chart above simply points to opportunity - which is everywhere..our systems determine when/where/what to capitalize on..
 
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