Risk increased.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
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Money flows into “safety” related instruments are strong. US long term treasuries are at yearly highs. Gold has taken out its weekly high today. Even the Yen is seeing some buying. ES has not taken out a weekly high in 4 weeks. In addition, ES is not “roaring” back after its recent selloff. Smells like a bear market to me. For what its worth, VXX seems cheap relative to what seems to be going on. Commodity related instruments are continuing to get crushed on almost a daily basis.
I say either short or stay short ES.
I say either short or stay short ES.
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Would be interesting to hear from a guy who's said BTFD for the last 10 years (and rightly so a lot of the time). What's changed?
Just calling it the way I see it. Markets speak, you just have to listen.
Trump at it again, futures tanking on 5.00% tariff on Mexico. Wonder how long it will take for someone else in the admin to counter what he said.
Wtf!
Wow. I wasn't even watching. Man, and I know there were tons of people that held long overnight on the strength of that close. Ouch!
Donald J. Trump
Verified account @realDonaldTrump
1h1 hour ago
On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,..
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That's not gonna help the automakers, thats for sure.
Verified account @realDonaldTrump
1h1 hour ago
On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,..
______________________________________________________________
That's not gonna help the automakers, thats for sure.
Trump cares only about keeping the country majority orange
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