ES Journal - 2019/2020

[Laissez Faire]

A good thing to remind yourself----The most deadly strains of a virus kill their hosts and thus their own existence. Only the milder strains remain. ---We're going higher.

You should tell that to the governments worldwide before they shut down the world economy.

Putting the effects and harm of the virus aside - the real concern and impact here is that the world economy just stopped moving.

Unlikely to trade below 2389 here.

Very unlikely that we'd drop 30 % this fast, too - yet here we are.

 

[Spooz Top 2]

Sounds like a bottom to me

Sounds like wishful thinking to me... let’s see what we do here and on the overnight!

I’m just going to continue to trade my daily set ups.

 

[Spooz Top 2]

A close on/ near the lows smells like another gapper south bound!

PPT trying to save it... doing there late day infusion....

 

[Laissez Faire]

Pretty much a repeat of last Monday price wise, but worse percentage wise. We're actually closing down nearly 12 % on the day. In one single day.

That makes this the worst Monday or day ever since Black Monday October 1987. Last Thursday now gets the 3rd place.

Incredible.

 

[Buy1Sell2]

Long 2463.50 Initial stop 2360.00

Looking good here----staying long. We did get below 2389 but that's fine. We have our stop at 2360.00 which will be monitored in the afterhours. I will not be surprised to see a big move higher in the after----

 

[Laissez Faire]

On a macro scale - if we repeat last week's theme, we may see a few days of congestion before dropping further later this week.

I wonder what I'm waking up to tomorrow morning though. Could very well see that key level 2350 being broken in ETH.

At least if it's like @Buy1Sell2 says: Just 3 19 year olds in their mothers basement moving the world markets while the US sleeps.

 

[Buy1Sell2]

Really just not a terribly bad day. We have been down here before once already, so any discussion of how much down today is just not relevant.

 

[Spooz Top 2]

Really just not a real bad day. We have been down here before once already, so any discussion of how much down today is just not relevant.

It is as bad as it seems... maybe even worse!

spinning it is simply denial... today was a short sellers dream PA! Come on over, the waters warm!

 

[tenny1886]

Really just not a terribly bad day. We have been down here before once already, so any discussion of how much down today is just not relevant.

the sharks need to be fed, key is watching the injections, that keeps the sharks fed and happy.
swim with sharks but don't be their food, thats why i love Remora.

 

[hafez50]

I think were near a short term panic bottom .I'd be shocked if we fall under 2250 right now.Any not so bad news and we'll fly to pluto very fast .