ES Journal - 2019/2020

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Bounced a bit higher than I thought it would but that's ok. We hit the second resistance and that is good for the bear market. It went right there and stopped. I still expect to sell down to at least the 2820's in the near future and likely down to 2775 looking for bear market continuation.
 
tenny1886 said:
that might not happen today but in next 2-4 days, i am thinking of price testing the 32.00 and also might make a ATH high. But that we will find out once price gets to 32.00
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it was in the works, since yesterday the way price was moving it had showings of an ATH in the works.
 
tenny1886 said:
all time highs is in the works in MHO, hopefully within this week. for now i am short and finger on trigger short, small targets and profits.
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it was on the cards, was thinking in 2-4 days it will happen but after last wave down, it was bound to happen. that is why yesterday being a short except for certain down moves was scary, Back of my mind i had this feeling that ES was ready to shoot up and without warning, most traders would be left holding on to their pants.he he
 
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speedo said:
The equity markets have had emotional reactions to news lately. Despite that, structure thus signals have generally been very clean and well defined.
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i think it is going the other way, news is dependent on the markets, the way market signals movements is very clear and precise. Diversions were there short term but long term, the signals are very clear and market is not random. More like the market is predicting the news, in MHO.
 
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