ES Journal - 2019/2020

[schizo]

Check out this MONTHLY chart on CL. It broke below the trendline. It's a doozy for sure.

 

[Noone123]

Lockdown probably going to be 2 months. Revise those assumptions on GDP!

 

[deltaf0rce]

Check out this MONTHLY chart on CL. It broke below the trendline. It's a doozy for sure.

View attachment 223434

That’s something else man. Wow

 

[FriskyCat]

CL was very weak Thur-Fri, a good clue that the retrace in ES was possibly running out of steam. Some guys had the 2640 level pegged as a throwback of the broken TL, but that hit early evening Thur night.

 

[Noone123]

2360-2380 area good for a quick mini bounce.

 

[schizo]

Out 72.50

Short 78

SL 86.50

This is it. Make or break. Now, where's my Corona?

 

[FriskyCat]

Check out this MONTHLY chart on CL. It broke below the trendline. It's a doozy for sure.

View attachment 223434

I remember the 2008 decline like it was yesterday. One poster on here tried buying it every day for a few months. I won't mention his name, but it was painful to watch. CL is a widowmaker for those who think they can apply ES/NQ/YM strategies on it.

 

[Picaso]

Out 72.50

Short 78

SL 86.50

This is it. Make or break. Now, where's my Corona?

Here you go

 

[schizo]

Long 73

SL 66

 

[Noone123]

Hell, if CL gets down to 10 bux per bbl, that seems a great place to buy. Because when we come out of this God-awful shitty mess, everyone is going to need petrol.

Neg. A lot of US shale comps will be out of biz at 10 a barrel.