ES Journal - 2019/2020

[Buy1Sell2]

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

Long call good for 7 points at the moment. ( I did not take it).

 

[Buy1Sell2]

This represents the last call out of a naysayer or an individual making a trade or call gone bad that I will make here at the ranch. Good fortune to all!

---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

 

[Buy1Sell2]

We are now getting to the area where the rubber meets the road on this late day short covering rally. Will we fill the gap? We are going to try.

 

[Buy1Sell2]

Gap now filled at 39.

 

[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

Wrongo----Awful guess. We did get the bounce but as of cash closing, we are at roughly 2743. So, while I was correct about the bounce, it went past my 2740 and of course, did not close at 2705.

 

[fordewind]

does Buy1 Sell2 stem form martingale?

 

[Buy1Sell2]

My view is that the late day bounce was a short covering rally into the weekend and that we have more selling to come. I continue with my short bias.

 

[Specterx]

Crazy how that Friday ramp still comes in like clockwork no matter what's happened on the week or how widely-expected it must be by now. Whoever's moving that size, we ought to send them a collective thank-you letter from the ES journal...

 

[fordewind]

I see gap down on Monday

 

[SPYgrain]

My view is that the late day bounce was a short covering rally into the weekend and that we have more selling to come. I continue with my short bias.

One has to consider the weekly bar - outside lower than the last 3 weeks - close..is this a key reversal ?