ES Journal - 2019/2020

[Buy1Sell2]

-10

Thanks---Hope the result is better next time. I would be interested to see a screen shot of your chart where the trade was initiated to better understand impetus. I will not be negative.

 

[Buy1Sell2]

Today?
Interesting.
I don't think the powers that be want to get the markets too high (next several months), Powell might put 3 hikes on the table. He won't do that today though; but that Boeing report was awful damn strong.

I don't agree. I believe that all that needs to be known about future Fed decisions is already common public domain. All we have now between us and the market getting back to the Sooie is this 2690 area. --Nothing else matters.

 

[Buy1Sell2]

We currently have a cash gap on either side of Fri Jan 25th's activity.

Cash gap now filled. All that stands between us and 2690 is 2671 area. Let's see if we continue there or reverse there.

 

[Buy1Sell2]

We've gotten a bit ahead of ourselves here this morning and I would expect a back and fill for the next 2 to 3 hours.

 

[Buy1Sell2]

Support intra-day is looking to be 2660. We'll see if it holds as new floor. (2662 pricing right now)

 

[athlonmank8]

I think you gave B1S2 some major wood for a minute there.

lol!!

 

[xingguo_z]

We've gotten a bit ahead of ourselves here this morning and I would expect a back and fill for the next 2 to 3 hours.

good call.
FOMC announcement is coming up.
sold some XLK. bought some XLF

 

[Buy1Sell2]

I typically don'tike these jump-snaps. I much prefer the market to grind higher. Hopefully this will hold, but it's generally less likely than a slow steady movement.

 

[Buy1Sell2]

Long 2651.75 Initial stop 2632.00

Limit sell order entered for 2690.00. Current pricing is 2673.00

 

[SPYgrain]

cash has made the daily downtrend line - resistance ?...or does it blow through?