ES Journal - 2019/2020

[cowf]

Then that is not your timeframe..pull up a 15-30 min chart / measure the legs and retracements..

If this is directed to me, then yes that is my time frame. But at your request, a 15 minute, same baloney.

 

[SPYgrain]

no sorry, efocus said 1 min too fast...thanks for the charts!

 

[Buy1Sell2]

Best guess here is that market will begin creating a short term ceiling at 2740 area . We would need to fill the cash gap at 2739 during that scenario. Gaps don't have to be filled of course.----No reason for me to be long here.

We certainly tried to fill that gap getting as high as 2736 before a sell off. Looks good--I maintain short bias heyre.

 

[Buy1Sell2]

We'll likely get a bouncing. I continue shorting bouncings. We'll see if the next one fills the gapping.

 

[Buy1Sell2]

Best guess for the rest of the day would be a small bouncing that doesn't get higher than 2740 and then a sell off with a closing around 2705

 

[Buy1Sell2]

We have now entered a bear market.

 

[vanzandt]

We have now entered a bear market.

Outraday?

 

[Buy1Sell2]

Massive intraday long signaling right here. I won't take it as I am shorting bouncings.

 

[Buy1Sell2]

---and the hits keep coming---

My belief is that we will make it into the mid 2700s to 2800 before another round of sell off begins. Longer term we recover from that and move higher.----Izzy.

I stand by this prediction. Indeed I believe that the selling is not over but won't happen again in earnest for a while.

ROFL. nobody can call that far away! no trader would want to? we trade today, we trade tomorrow, we trade next week. we don't trade next yr?

you are lucky to get 2600.

I want to thank you for this, you proved to me once and for all that this is BS. thanks

 

[vanzandt]

Massive intraday long signaling right here. I won't take it as I am shorting bouncings.

Another great call it would appear.
2722 to 2732