ES Journal - 2019/2020

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speedo said:
Bottom histo is volume ?
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That's what I figured it was. I have never found volume to be all that useful. The Money accounts for the much higher volume at the low. They are now at lunch. The low volume is all the home playas shorting it as it goes higher while The Money's algo's are either scaling in additional longs or, in some cases, scaling out partials.

Measured move target at 61.50, so I'll take a few more off at 61.25 if it gets there.

EDIT: 61.25 target, sell limit order 61

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NQurious said:
That's what I figured it was. I have never found volume to be all that useful. The Money accounts for the much higher volume at the low. They are now at lunch. The low volume is all the home playas shorting it as it goes higher while The Money's algo's are either scaling in additional longs or, in some cases, scaling out partials.

Measured move target at 61.50, so I'll take a few more off at 61.25 if it gets there.

EDIT: 61.25 target, sell limit order 61

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I don't pay attention to volume other than what is reflected in my tick chart action but the declining volume on the daily is interesting.
 
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