ES Journal - 2019/2020

Status
Not open for further replies.
You keep trying to catch a falling elevator. Good luck with that.
Pretty similar to yesterday, every correction has corrected into a higher tf short. Due for a correction to the correction, but I will continue to press the lever when the light goes on like the good rat that I am.
 
Another 3 % down takes us down to 3120. It could happen.

Closing in...

I'll be honest and say I did not think we'd trade this far down today.

It's happened in the past that we've sold off this much 2 days in a row, but it certainly ain't common.

As of now, this is the 4th biggest RTH range on ES in history.

4% down is very rare, but it's certainly happened and the trend is still down here with a good 2 hours to go. That would mean ES 3100. Approximately.
 
3328.00,
3298.00 and 3006.00 areas are where price deviated from its natural course but eventually price came back to claim those areas. 3006.00 looks unlikely but price so far has chosen to be on its natural course if no pressure is applied.
For bulls price left a lot unsaid @3370.00 which in due course price will claim, once we go back up.
 
Status
Not open for further replies.
Back
Top