ES Journal - 2019/2020

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The last 3 weeks of claims were met with huge buying...if not the Fed artificially propping up this market, not sure who else would buy every single time.
 
Noone123 said:
The last 3 weeks of claims were met with huge buying...if not the Fed artificially propping up this market, not sure who else would buy every single time.
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Yes, but I think the quick spike down to 2700 just before the number was ample reason to either cover or play some sort of long, TL support in that area as well.

Yesterday I thought it was following the 3/25-26 pattern, turns out it was off a day I suppose. The lack of an expiration Friday always seems to throw things off.
 
Well-----that was a quick run back to The Teapot!!

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Buy1Sell2 said:
Most traders focus on making perfect entries. ----I focus on perfect stop placement.
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Ones entry dictates ones stop... Sloppy entry equates to a sloppy stop with too much risk on the table... Accurate entry defines the entire trade process.....
 
And what happened the last time we had worse than expected numbers...? We had a very strong day up.

As long as we open above 2750 and hold above 2750 during the first hour or so - I'm very bullish on the day and can easily see 2800/2850 from here.

Today's as good a day as any to make a 'statement'. For all we know - the FED themselves are buying stocks here.
 
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