ES Journal - 2019/2020

[Buy1Sell2]

Floor in place. Long 3027.00 Initial stop 2920.00

We will encounter our next headwind around 3090. Staying long here as parabolic upmove is now imminent.

 

[theapprentice]

SS 3020
stop at 3045

 

[Laissez Faire]

I'm thinking this pullback should stop around 2990/2980 and that we'll make another push with a new HOD into the closing hour/minutes.

EDIT: May not even get that deep a pullback.

 

[Buy1Sell2]

We hear about the last 6 days being the fastest correction in history----Nope----Market was down 23 percent in two days time in 1929. --and market was down22.8 percent on one day in 1987. So basically, we have a lot of misinformed folks

 

[SPYgrain]

I calculate 3190 next magnet..

 

[Laissez Faire]

We hear about the last 6 days being the fastest correction in history----Nope----Market was down 23 percent in two days time in 1929. --and market was down22.8 percent on one day in 1987. So basically, we have a lot of misinformed folks

I did make the comparison with 1987 this weekend. 1929 seems a bit long back to go...

 

[speedo]

I did make the comparison with 1987 this weekend. 1929 seems a bit long back to go...

As it kicked off the Great Depression, it's kind of an important date.

 

[theapprentice]

SS 3020
stop at 3045

half off here at 2990 for +30

stop at BE on other half

 

[FXtrader8911]

As it kicked off the Great Depression

Yeah, but the grate depression was started by trade wars & tariffs

That's what's going on now


But...

There was no Feb back then to watch our back, so I suppose we're all good now

There WAS a Fed since 1913!

Oh, you mean it can happen again?

 

[Laissez Faire]

As it kicked off the Great Depression, it's kind of an important date.

For sure.

Still, I imagine the world must have changed some in the last 100 years.

But I'm certainly not the fundamentals/economics guy yet.