ES Journal - 2019/2020

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NQurious said:
I like B1 but I still do not like that call ... didn't like it from the day it was called. How can a bear market start and then it never trades below the low of the day it started. Inconceivable ...
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I'm no expert on bear markets, but it seems odd with a bear market which keeps making all time highs as well. But what do I know.
 
Bull market activity here - mark her down at the open, close her at new ATH's (actually looks like a pullback sell on the daily if today closes below Tuesday's low, imo).
 
"Rickshaw Man, post: 4886026, member: 26614"]Oh no the strong jobs report has dashed hopes of a FOMC rate cut. Powell speaks a lot next week, im sure he will sneak in his dovish tone.

The strong jobs report, including gains in manufacturing has reduced my concerns about a slowdown. Personally, I prefer the Fed not lower interest rates.

"NQurious, post: 4886040, member: 509078"]Bull market activity here - mark her down at the open, close her at new ATH's (actually looks like a pullback sell on the daily if today closes below Tuesday's low, imo).

I’m becoming a believer! Probably a very bad omen for the market, though.
 
tenny1886 said:
what is the reason for the upside??
It is contrary to all my signals. Price should not have gone beyond the mid 80's. Over night price should have trended down or ranged between 70-80. Over night seems like massive manipulation to keep the price up could be due to the the upbeat news on NK. Not sure if RTH the upbeat mood will be sustained. In MHO the price should be down to low 60's looking at how price is moving, unless manipulation comes into play. Still this upside move does not seem to have any conviction. But that is my take so far looking at all signals and over all picture.
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looks like it is going down to 60. i see no bottom patterns so far.
 
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