ES Journal - 2019/2020

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We'll likely revisit 2900 before popping back up to 3150.
By tomorrow, we should see 2900 then up to 3150.

Watch the Put/Call Ratios on CBOE:

View attachment 221022

Does this look like "panic" to the downside?
We've just scratched the small surface of an iceberg, so let's not get too excited. Panics usually come at the end of the bear market, just as you would see the climax (eg. buying frenzy) towards the end of the bull market.
 
A massive massive move is in the offing within 3 hours. Up or down? I will stay long
Yep!----just had direction wrong. Staying long here. Floor construction still underway at 3020.----and there is plenty of time and the conditions are excellent for a good ole fashioned end of day ripitty doo dah ----and I expect it.
 
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Could be carving out a bottom here, but I favour another push down as unlikely as it may seem.

SPY_touch.jpg


That throwback touch was what I wanted to see. Granted it's still choppy as all hell.
 
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