ES Journal - 2019/2020

[Laissez Faire]

Today's session (ES) closed within 5,75 points from the ATH at 3102.

We're up bottom (26th of December 2018) to top 745,75 points / 31,65 % on this major leg up on the daily.

Year to date the SPX is up around 23,51 %. That's the highest yearly gain since 2017 (19,42 %). The biggest yearly gain in 'recent times' would be 2013 at 29,60 %.

 

[wave]

Signal 1: Market up on negative news

https://www.usatoday.com/story/mone...ngress-federal-debt-unsustainable/2582302001/

 

[wave]

Short opportunities above 1311

 

[vanzandt]

I'm impatiently waiting for @Buy1Sell2 to tell us he's staying long in this massive bull market.

He's still nursing that short from March he never closed out.

All "massive bear markets" end up 20% higher from the date of commencement resulting in... "fresh new parabolic bull markets".
Everybody knows that.

And you guys wonder why you fail.
.........................

 

[Overnight]

All "massive bear markets" end up 20% higher from the date of commencement resulting in... "fresh new parabolic bull markets".
Everybody knows that.

And you guys wonder why you fail.
.........................

It's a fuzzy math. I'm having trouble understanding it, to be honest.

 

[wave]

3111 is resistance. If that short holds, then long against 3090 with a target of 3120.

 

[FXtrader8911]

After hour spike on Kudlow saying "trade negotiations progressing nicely"... honestly, about the 50th time this was said! the algo writers are so gullible!

 

[vanzandt]

It's a fuzzy math. I'm having trouble understanding it, to be honest.

It trades in 1/64th notes.

 

[Overnight]

It trades in 1/64th notes.

Nah, you are referring to the parabolic DOWN moves. Those trade in 1/512th notes. THOSE are a bugger to get accurate.

 

[syswizard]

... honestly, about the 50th time this was said!

I just want this nonsense to end. It's really getting old.