ES Journal - 2019/2020

[nillionaire]

I don't tend to have a bias of anything over an hour or 2 lol.
So interesting how online sentiment has shifted, though. I can't seem to find anyone with even a mildly bearish outlook on my twitter feed lol. Every man and his dog figures that we had that corona blip, and the damage has been done but now it's on to new market highs.
I don't have a clue what it's gonna do, but it would sure shock a lot of people if we went anywhere even close to them recent lows! I think even a big down day would surprise people lol
We'll see, I guess

You should look at https://stocktwits.com/symbol/SPY, hard to find anyone bullish there.

 

[Spooz Top 2]

Trailer to 06

Kicked 5 at. 91.50

 

[Spooz Top 2]

Kicked 5 at. 91.50

Covered last 5 at 84.. early I’m sure

 

[Spooz Top 2]

Covered last 5 at 84.. early I’m sure

+ 12 x 5
+ 19.50 x 5 ... & flat

 

[Laissez Faire]

Would normally expect us to trade below Yesterday's LOD given this open, but for some reason I'm very cautious against being short today. In fact I was short, but only took a nimble 1 point profit due to that.

Econ # coming out in 8 minutes too.

2577-78 could be a potential bottom area for the day.

Not getting a clear read here...

 

[Spooz Top 2]

Would normally expect us to trade below Yesterday's LOD given this open, but for some reason I'm very cautious against being short today. In fact I was short, but only took a nimble 1 point profit due to that.

Econ # coming out in 8 minutes too.

2577-78 could be a potential bottom area for the day.

Not getting a clear read here...

LF, funny you say that... I smell short traps all over the place, too!

 

[Laissez Faire]

Buy signals coming in at the current LOD. TICK firming up too. NQ even stronger.

Will probably try to enter a long after the # are released if I get a good signal/entry.

 

[theapprentice]

Also not trusting shorts lol

Took a few shorts though but no more for me I think. Always feels like you're gonna get your face ripped off by the bulls at the mo

 

[Spooz Top 2]

LF, funny you say that... I smell short traps all over the place, too!

I could feel the accumulation on the way down w sellers drying up quickly...

 

[Laissez Faire]

Got the buy signal, but trailed myself out to soon. Oh well - if I don't have the confidence, I don't beat myself up about that.

It's a tricky day to read at this point. At least for me.

I had a strong bullish bias prior to the Open which was partly negated by the gap down Open. On the other hand - it was a rather small gap, so...

My best guess from here is that we take out Yesterday's HOD.

May enter a long if we take out the current HOD. In the meantime - probably just watching...