moving stoploss to 15.50. ( target still 25 and up) moving very slow.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
Nice 1-2-3 corrective data points, NQ..for a resumption of up..
Yep, question is how long it wants to consolidate
i have 16.50 and 14.50 marked as areas of interest for bulls. but keeping my stoploss still @15.50. It would be good of the price to move a little faster. the slow pace is really not to my liking. Either right or wrong, a fast death is better than being hung in a limbo.
moving stoploss to 16.50 target set to 27.00 ( 10 pointer or break even) auto-pilot as i am going out now.
It's the nature of mid day
exiting now 20.50. taking too long.
The anchor right now is that the market did not sweep the stops in the 13's ... The Money sometimes will get greedy and force another retreat to gobble up the rest of the retail longs and sucker in some retail shorts. But even with the gap down this market is proving itself to be a bull market until it isn't. I still would not be surprised to see this gap close today with a +close vs Friday ... this isn't the first time we've seen this play. Small caps I believe found resistance just at their gap, so it won't take much to turn this whole thing positive for the day. Nice little ABC (or XYZ for the LBR followers) into the 14.50 pullback ... bull market action continues ...heading out again .... good luck y'all
- Status