ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
Short Term:
We`re sitting right on a big inflection point at the close... Daily, Weekly TL`s ..
along with neckline of the IHS on Daily, Weekly TF`s.... That`s where the
action is right now... on the bigger TF`s... These always provide a big reaction
in price action for tomorrow.
Long Term:
Nice topping pattern on large All charts ... will take a while to build out ... especially
in an election year!.... there is tons of paper money to print from both sides
of the plate over the short term here!
Nothing like a little catalyst to spike Vol ... providing a plethora of opportunity!
Hands High
Chin Tight
Back to the Fight.........
We`re sitting right on a big inflection point at the close... Daily, Weekly TL`s ..
along with neckline of the IHS on Daily, Weekly TF`s.... That`s where the
action is right now... on the bigger TF`s... These always provide a big reaction
in price action for tomorrow.
Long Term:
Nice topping pattern on large All charts ... will take a while to build out ... especially
in an election year!.... there is tons of paper money to print from both sides
of the plate over the short term here!
Nothing like a little catalyst to spike Vol ... providing a plethora of opportunity!
Hands High
Chin Tight
Back to the Fight.........
The market closed today still looking extremely bearish, even gold looking bad.
Very hard to guess the next move, the two scenarios I can think of, Mkt will continue down but the other is; while everyone is blindsided by doom the Mkt will twang back up super hard.
I'm leaning toward it continuing down for the meantime due to the fact there were no bellwethers (I track about 400 for the USA Mkt) on my screen showing abatement.
Very hard to guess the next move, the two scenarios I can think of, Mkt will continue down but the other is; while everyone is blindsided by doom the Mkt will twang back up super hard.
I'm leaning toward it continuing down for the meantime due to the fact there were no bellwethers (I track about 400 for the USA Mkt) on my screen showing abatement.
I am a seller @ 3156.50
EDIT1:
Filled 1 @ 151.5. Target 3097.5
Even though we might head toward 3077.5
EDIT2:
We've reached 53.5 but order not filled yet.
Last edited:
Thought it was common knowledge, just regurgitated it because b1 said "incredible"
We are not looking at a "flash" crash here guys, there are several reasons for the fall and these haven't changed yet, thus the rather orderly flow south. 3,068 might be the pivot but that depends on something changing for the better (a vaccine, Bernie dies, Apple announces moving production to the US... anything like that. For now, PMI print is low, the virus is rampant, Bernie is on top and Cooke still loves China... nothing new
Last edited:
IMHO, It's a local top -> ES 3156.5
Floor might be ES 3120
But I see ES 3145 is the current daily POC.
Anyway ... We're going through it.
Last edited:
Like your calls nice to know what a bull thinks during bear action, for your sake, however, don't place positions on them
- Status