ES Journal - 2019/2020

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Alright, have a safe weekend everyone. This is for you, Izzy. :thumbsup:

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In the chart,you'll notice that financials as a whole did not take as big a hit as the reg market. This is an impressive sign. In fact, if you will review the chart , it will reveal who the strongest banks are.
 
When you see financials outperform a market that has falling prices, this is a great sign. It is indicative of an Izzy Bottom.

The market traded lower than the Izzy Bottom in after hours. Not a good sign.

If we don't see any tremendously good news over the weekend - I can pretty much guarantee that the Izzy Bottom won't hold next week. :)
 
One thing worth noting.==We are not in a bear market right now. We have a a market which has been trending higher that has a little sideshow happening right now. We'll spring right back.
 
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