ES Journal - 2019/2020

[Buy1Sell2]

Nothing yet to negate the massive long signal from Friday. I remain focused long until there is an obvious reason to be short. By focused long, I mean buying pullbacks.

Cash gap now filled. I now look for a move higher with a base from 2700 to 2708

Likely approaching a massive long intraday signal right now. Blast off may occur within the next 2 hours.

All true

 

[mm2mm]

does es look like its forming a h&s pattern on the hourly? I personally dont think its going down ... the down moves today were very weak and meh... and we know this shit loves to go up . Tomorrow is gonna be a nice up day imo. I think this shit is gonna continue making new highs.

closed. Waiting for a bit of a drop to go long again. Will be watching.

 

[RXIS]

All true

No positions but I was thinking it would gap up (YM) with the uncommitted sell side and lots of support below.

I might actually short positions near opening. Will see once prices begin rumbling.

 

[volente_00]

I have us in a trading range of 2640-2730 SPX for now. Keep in mind the FEB 15 deadline for more uncertainty

I'm fading the gap fill at 2730-33 ES

 

[Buy1Sell2]

I'll be taking profit here and looking for pullback to fill cash gap and get long again.

 

[Specterx]

does es look like its forming a h&s pattern on the hourly? I personally dont think its going down ... the down moves today were very weak and meh... and we know this shit loves to go up . Tomorrow is gonna be a nice up day imo. I think this shit is gonna continue making new highs.

That's more or less what I was looking at, and it was nested in a larger HnS/lower high structure on the 240 (was clearer on NQ) which combined was a nice setup for a big down day to the 2650s. Needless to say it didn't trigger.

 

[vanzandt]

I'll be taking profit here and looking for pullback to fill cash gap and get long again.

Pullback to where?

 

[volente_00]

I'm fading the gap fill at 2730-33 ES

Shorted 2733.75
Stop 2740

 

[Buy1Sell2]

Pullback to where?

We've got an 8 point cash gap to fill at 2718. We don't have to fill it, but I would rather that we do. If there is a massive long signal prior to that , I will take it. I suggest that there will be a massive short signal first to get us down there.

 

[volente_00]

Objective is 2713.5