ES Journal - 2019/2020

[glazier]

ss 2722
stop at 2735 for now

 

[vanzandt]

2717.50... short
We'll set a stop at 21.75 in case google goes nuts tonight.... but every intention of riding this back down to 2675.

edit -4

Back in at 21.50

 

[Buy1Sell2]

--or attempted to. They don't have to be hit, but if breached can signal reversals etc.--For example, I might determine that 2708 is a support level and then if we drop back to 2709 , 2710 may buy with a stop somewhere below the 2708 number. etc.

Case in point---we dropped down to 2715 and then ran up 6 pts into the closing. Pullbacks are where I live.---Talk to you soon---

 

[Laissez Faire]

While some may be tempted to short here for a nice potential R/R, I'd be careful doing so. I have a hunch we can trade up to 2750 before any reversal on the daily. That'd coincide with the 200 day MA.

Above that, we have an open gap at 2790,75.

 

[SPYgrain]

interesting divergence with NQ after cash closed..

 

[athlonmank8]

Hit the outside trendline target after the close. This might be enough to start a move lower. Holding a few SPY puts

 

[volente_00]

What is the stop based upon?

Probing


My hypothesis is still a short term top at 2720-2730 SPX

 

[Buy1Sell2]

Hit the outside trendline target after the close. This might be enough to start a move lower. Holding a few SPY puts

Trend remains up here. I continue to view this with a long bias.

 

[Overnight]

Trend remains up here. I continue to view this with a long bias.

Shit, I dunno' man. Something could come out of Trump's piehole tomorrow during the SOTU that could mess things up. I am wary of taking any medium-term view. Unless he says, "I am reopening the government forever, I give up on the wall, and am cancelling all tariffs!" That would be a good long opportunity in equities.

 

[athlonmank8]

Trend remains up here. I continue to view this with a long bias.

I completely agree. Nothing to indicate anything else at the moment. Not expecting to make anything on the pugs to be honest but i like the level enough to give it a shot