ES Journal - 2019/2020

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Buyer @ 2340.
SL 2330

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In case you've not understood.
The market is showing you the way.

Or is it a death knife ?

I am out +5 Pts

Good night.
 
Problem is, at 2340, potential maximums are about 200 pts both way.
IMHO we're in the middle of nowhere and likely to go down.

But short term I see 2485 vs 2275.
70Risk vs 150Reward. So it makes sense. xD

But I've not liked the move below 2440
Move, Shakeout ...
Why didn't you tell me that sooner? :fistbump::D
 
The test trials for the anti malaria drugs should be much quicker to be introduced as a potential cure...much faster than developing and testing a whole new drugs. The side effects of the anti malaria drugs are known in advance. Hell, if someone were dying now of CV, they probably will beg to try anything. This could be all over sooner rather than later...a risk factor for short sellers.
 
My mistake earlier when looking for long at 3000 level was that I was behind the markets by 2 weeks. If I adjust my outlooks 2 wks +, then, what I see is immediate profit taking now.
 
The test trials for the anti malaria drugs should be much quicker to be introduced as a potential cure...much faster than developing and testing a whole new drugs. The side effects of the anti malaria drugs are known in advance. Hell, if someone were dying now of CV, they probably will beg to try anything. This could be all over sooner rather than later...a risk factor for short sellers.
I think CV is more or less already priced in. The bigger concern going forward is the job number. Unless we find a fix very soon, I fear the job number will nosedive in the next few weeks and a big drop in employment is a harbinger of a recession.
 
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