ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Disagree with what?
We may very well have a pullback sometime soon, but there is no doubt that the market have been back in 'bull mode' since the 26th of December. Roughly 70% of the days since then have closed higher than the prior day.
I'd say it's pretty impressive to see us recover this much and this fast. Wouldn't have expected so myself...
On the daily 2800-2820 seems to set up potential resistance for a pullback, but there have been no mercy shown on the way up here through other levels, so who knows...
You must have anticipated the possibility of higher with your stop @ 2830?All she could muster was 81
Perhaps you wanted 2776 to grab a few with your obj #1? That way a few in the bank if goes higher?
Obvious to me they want 2800, that could come with an overshoot as shorts cover.
The frak we know at this point, yeah?
Like this comment from @Laissez Faire ...
"I'd say it's pretty impressive to see us recover this much and this fast. Wouldn't have expected so myself..."
Well, wasn't the Feb-to-May 2018 action just as wicked, but on a smaller scale? Who expected that?
That was a shorter-timescale V. This Oct-to Feb V is longer, but more pronounced in size. Who would have expected Oct after the February-to-April action? NOBODY.
Because those moves happened once every couple of years! Now they are happening with increasing frequency. 6 months apart? If that theory holds, we're about to have another major market sell-off in early Spring.
The markets are getting jutly. <---I do not know what that fake word means, but it seems apt.
Jutly so.
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