ES Journal - 2019/2020

Buy1Sell2 · Mar 17, 2020

Day trade Long 2463.50 Initial stop 2435.00

Buy1Sell2 · Mar 17, 2020

Huge intraday upmove imminent.

Buy1Sell2 · Mar 17, 2020

Buy1Sell2 said:
Day trade Long 2463.50 Initial stop 2435.00

Out 2469.50 for 6 pt gain----not seeing the follow thru I need to see on the upmove yet. Headed out for 18---leaving the swing position on.

Spooz Top 2 · Mar 17, 2020

15 Min IHS vs 5 Min H&S working against one another here ... dueling banjos!

Larger TFs typically come out on top... in observation mode currently... whipsaw Vol has dissipated .... might be time to do the Houdini!

Spooz Top 2 · Mar 17, 2020

SPYgrain · Mar 17, 2020

Spooz Top 2 said:
15 Min IHS vs 5 Min H&S working against one another here ... dueling banjos!

Larger TFs typically come out on top... in observation mode currently... whipsaw Vol has dissipated .... might be time to do the Houdini!

...and quite the base being carved, should get pop to that left neckline clear up at 2700 today/tonight..

tenny1886 · Mar 17, 2020

the higher it goes the harder it will fall as per larger TF.

Spooz Top 2 · Mar 17, 2020

SPYgrain said:
...and quite the base being carved, should get pop to that left neckline clear up at 2700 today/tonight..

Oh yeah, It would have legs for sure... Slingshot!

Laissez Faire · Mar 17, 2020

Laissez Faire said:
We did make history today for sure:

Today's RTH range at 130.00 points is officially the largest RTH range in ES history.

These are absolute or nominal points. Simply the high/low difference.

In terms of simple daily change (-3,04 %) - today is not that special though.

The post above was made on the 25th of February.

After that day - we've had 7 days exceeding that with the largest being 218,25 points last Friday.

For the last 15 days we have an average RTH range of 135 ES points and an average daily (absolute) change of 4,97 %.

I'm sure I'm not the only one who's starting to feel that 100 + point ranges are completely normal.

I'm curious how long this volatility will last, though?

Spooz Top 2 · Mar 17, 2020

tenny1886 said:
the higher it goes the harder it will fall as per larger TF.

Maybe.. but as of right now it looks like we have a swing Lo in place, tbh... the key is not to have a strong bias either way... trade what you see and go with it!