ES Journal - 2019/2020

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Buy1Sell2 said:
Markets are no longer swinging wildly. Normal type trading ensues albeit the moves may be larger at a time.
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I am not trying to argue or debate, genuinely asking what you're using to measure this? or can you expand on this? Just the fact we've had a multi-day rally? A lot of the bullish activity is very likely short covering, which isn't a long term support of price, just short term. We need this long setup to continue up pretty consistently(which we need fresh buyers for) any let up at all on this continuation long setup and price will decay very fast.
 
Pandemic is basically over and the market now has certainty with Congreff and The Fed. Wild swings are over. Big moves are not.-----Barring some surprise catalyst.
 
trdes said:
I am not trying to argue or debate, genuinely asking what you're using to measure this? or can you expand on this? Just the fact we've had a multi-day rally? A lot of the bullish activity is very likely short covering, which isn't a long term support of price, just short term. We need this long setup to continue up pretty consistently(which we need fresh buyers for) any let up at all on this continuation long setup and price will decay very fast.
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prob means areas of support are being established
 
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