ES Journal - 2019/2020

Status
Not open for further replies.
Hang on there, B1 ... you'll teach this Bull to mess with your Bear market yet!

View attachment 201288
how-to-2012-05-50-things-50-things-628.jpg
 
Shorting a rising market is a sure way to lose your job.

I don't remember the last short I took ... I don't think I've had one in months. I tend to trade in the direction of the daily. I'd have to look ... does anyone remember me posting any shorts to the journal recently?
 
Yesterday the VIX was up 8.40% on the cash open. Futures where down 0.24%
Today the futures are up 0.20% and the VIX is down 1.45%.

Remember in a rising market the VIX will typically gap up 5.00% on Mondays, regardless what the futures are doing.
 
Looking for around 2920 for a short

Brave man ... imo, this looks like we got professional buyers buying again. They will will buy everything you want to sell so you'll have no problems with fills. In fact, you should be able to sell at progressively higher prices through out the day.

Anything can happen, but my money is on a new rally high close today. I would love this thing to settle down and give us a 15 or 20 minute pullback, however.
 
All data points are positive, stocks about to make all time highs. So what the FOMC going to say next week.....we love bubbles.....They need a data point to back up there sit on our hands approach
 
Status
Not open for further replies.
Back
Top