ES Journal - 2019/2020

[tenny1886]

possible, you have the 35.75 overnight low anchoring for now and 3 data points on 15 min chart..if supply overwhelms could sell back to 14 - looking past FOMC tomorrow..

looks like neither are ready to commit. Yeah not so sure about the downtown gravy train, no momentum.

 

[Buy1Sell2]

It would be unlikely that we would have more upside from the recent high as the bear market rally may now be exhausted.--It could be but it's unlikely.---Mind you, I won't hesitate to flip long if need be.

 

[SPYgrain]

upper trendline is from 3/21 across swing highs through current time..
until 51.50 blown by, mkt is wading in the mud..

 

[NQurious]

But...

But the push down was before the ATH so it is not part of the re-set, imo. The second occurred during Globex, so at this point, imo, it is of dubious value, though it may still be treated by The Money as the first push RTH right now we have 35.25/35/ ... so maybe 34.75 does the trick?

I still think we have not seen the LOD but I do not think it is far below the current low. 32-33 likely down to 28.50 ... below 28.50 then I'd be preparing for a somewhat larger pullback than we've seen in a while ... all the way back to 2914.25 down to 2900 evens.

 

[tenny1886]

It would be unlikely that we would have more upside from the recent high as the bear market rally may be now exhausted.--It could be but its unlikely.---Mind you, I won't hesitate to flip long if need be.

i am getting subtle signals on my end for a downturn push. but sellers don't seem so eager to push below the over night low.

 

[SPYgrain]

also, yest high was a triple high from 4/21..

 

[Buy1Sell2]

i am getting subtle signals on my end for a downturn push. but sellers don't seem so eager to push below the over night low.

Subtle? I think shouting

 

[SPYgrain]

But the push down was before the ATH so it is not part of the re-set, imo. The second occurred during Globex, so at this point, imo, it is of dubious value, though it may still be treated by The Money as the first push RTH right now we have 35.25/35/ ... so maybe 34.75 does the trick?

I still think we have not seen the LOD but I do not think it is far below the current low. 32-33 likely down to 28.50 ... below 28.50 then I'd be preparing for a somewhat larger pullback than we've seen in a while ... all the way back to 2914.25 down to 2900 evens.

I see what you're saying - 1st 2 data points in globex..

 

[tenny1886]

Subtle? I think shouting

ha ha, but i am gonna call it subtle, cos most times its fake outs too, but the real signals are very subtle and inconspicuous. Especially the one that has momentum behind it, not sure who pushes those down, algos or smart money but they seem to do the work.

 

[NQurious]

looking for 32.75 print here