An inside day, indecision.
Not a high volume day.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
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Not a high volume day.
I think it may be the bottom too, but I need to be sure I don't need took over my back when going long hard. Hence, building out a base or multi days of consolidation makes the most sense. It doesn't go straight up from here.I agree that the way ahead is probably going to be choppy.
The coronavirus scene is negative atm but technically on the markets Thursday was the bottom according to my analysis.
That's my call, Bottom!
The news media is painting a very negative picture of corona, hence why my emotions say it's not a bottom, however technically it appears to be.
Hard to imagine the market racing up with so much financial mess atm, high unemployment.
I put my money down on my signals, not my emotions, so I went in long quite considerably, anyhow, it's on record my decision, later we can look back on it.
Inside day on RTH-only, daily chart.
24hr daily chart made a higher high than yesterday.
Regarding volume... careful what you wish for.
Sentiment according to volume has not flipped: the downside is still dominant.
1. Gap up on Monday = Unchanged/Positive Close EOD
2. Gap down on Monday = Negative Close, i.e., further selling and continuation of Friday's leg down into the Close.
I'm betting on scenario 2.
2. Gap down on Monday = Negative Close, i.e., further selling and continuation of Friday's leg down into the Close.
I'm betting on scenario 2.
With hard money I hope and not just words
However intraday guys flip positions like the wind
Hard money on short next MondayWith hard money I hope and not just words
However intraday guys flip positions like the wind
. Great times for our traders as intraday is so damn juicy. It used to take foreverrrr for ES to move like 15 pts during slow days.interesting !! she know Linda Raschke?
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