ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Bearish intraday now. Need to regain 2792+ for a rally.
2788 looks like a good short
I maintain long bias here. There is no obvious reason to be short and intraday is not bearish. I typically will not change bias unless it jumps out at me as obvious and this has not done so. Long has not panned out the way I thought it would today, but it may overnight , tomorrow or next week. ---Staying long hier.
Holding much better than I had thought. Shorts gave it a shot and looks like they may fail here.
Guess that was it afterall. Overall trend still bullish though.
Might need a gap above or below the 2/27 range to get traders excited again.
No such luck today. Signal was good for 3 points before the bullback into closing.
The PA since the re-open has been pretty much what I was expecting to occur yesterday. If the gap up holds through the open and then holds and rallies, I'd expect 2825 +/- in the coming days, and could be as soon as today. The 2814 high from Monday is an obvious possible sell area. I doubt we see a double top reversal on the daily just 5 days after the first top. Weekly SP can go as high as 2850 without stretching the mean too much, imo.
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