ES Journal - 2019/2020

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Utah said:
What are your thoughts about this downward wedge on the 30 min chart? Suggests lower, no?

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long term all signals are short , but bears have not been able to take it down near to the days low, that is some sort of indication that something is brewing. btw when i comment here some trades its all intraday, 3-8 points so don't take it as anything concrete, i am just scalping.
 
speedo said:
Trend on the day is still down...likely to continue out of this consol
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i agree if you look long term, 2980 region seems to be in play, but intraday today, bears are lacking serious intent after the bounce from 93.00 could retract back to 3015-3020 region, cannot discount it, before it goes down again. looks like will find out after hours thats where action happens, we just come later to close the gaps.
 
tenny1886 said:
i agree if you look long term, 2980 region seems to be in play, but intraday today, bears are lacking serious intent after the bounce from 93.00 could retract back to 3015-3020 region, cannot discount it, before it goes down again. looks like will find out after hours thats where action happens, we just come later to close the gaps.
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another dilemma, if we do head up to 3015-3020 what will stop it from going to 3050??
good thing my vision is limited to intrdaday momentum plays he he, saves me all the headaches.
 
tenny1886 said:
another dilemma, if we do head up to 3015-3020 what will stop it from going to 3050??
good thing my vision is limited to intrdaday momentum plays he he, saves me all the headaches.
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I try to stay myopic during the day, no thinking just signals and rules :D:confused:
 
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