ES Journal - 2019/2020

[ESfocus]

Wow, look at this "bear market" behavior.

every ramp is met with a selloff, some huge. what more clue do you want ...

a big sign...BEAR MARKET?

by time figure it out it'll be over

 

[speedo]

every ramp is met with a selloff, some huge. what more clue do you want ...

a big sign...BEAR MARKET?

by time figure it out it'll be over

Lol

 

[speedo]

Trade your signals (if you have any), whether it's a bear market or a bull market should be irrelevant to a day trader. Recognition for being "right" only pays the piper if you have a newsletter or a collection of sub paying noobs.

 

[Buy1Sell2]

The bounce should run it's course within 5 points and resume downtrend today.

 

[fordewind]

 

[fordewind]

DJ 25100 tomorrow.

 

[volente_00]

My downside objective for SPX is 2724-2744

Then 2645 with a shot at 2600


Upside ceiling at 2825

 

[volente_00]

Bear markets are characterized by intermittent short covering rallies that don't have continuation. The current action is delightful. ---meaning, in my view, sell the rally and cover lower is correct.

You forgot the waterfall

 

[Buy1Sell2]

You forgot the waterfall

certainly did. Thanks Texas!

 

[volente_00]

Adding to positions, or averaging, is done by folks who do not want to admit mistakes.

Or show their hand to the followers