ES Journal - 2019/2020

[Picaso]

Too bad the Fed can't buy crude oil. Even if they could, where would they store it ?
CL now in the mid-to-low 25's.

The Feds are buying crude oil...

https://www.washingtonpost.com/busi...ses-prop-up-companies-fill-strategic-reserve/

 

[schizo]

Long 99

SL BE

Flip short 2801.75
SL 2805.25

 

[schizo]

Too bad the Fed can't buy crude oil. Even if they could, where would they store it ?
CL now in the mid-to-low 25's.

 

[syswizard]

The Feds are buying crude oil...

Thanks for that, but here's the thing:

But analysts said the purchases would be insufficient to turn around an oil market dealing with a downturn in consumption because of the coronavirus pandemic and a surge in supplies resulting from a price war between Saudi Arabia and Russia.

 

[vanzandt]

Daytrade only... long 500 TDOC just now at $144.44

Its gonna squeeze into the close.

Edit: Ahhhh... I didn't look at the HOD. It hit $147 already. Hmmm. Might have missed the squeeze.
It has a huge short interest... that's why I'm playing it. These things like to soar on up days in the last hour or so when shorts pile on.

I'm out.... $146 and change.
Time to take Muttley a jaunt through the hood.

 

[speedo]

It's coiling but still a little early for a breakout

 

[Buy1Sell2]

Vowel Tday on both Wed and Thursday this week.

 

[schizo]

Is it just me or has the market definitely slowed?

Also so much noise. Every candle has pretty long tails on the 5-min.

 

[vanzandt]

Edit: that should have read "on days like today" in the above quote. Lots of bears marketwide and a 3 day weekend with all the indexes green. Its all a game. The thing will probably take out $147, but $750 works for moi.

 

[Buy1Sell2]

Rarely, do you get a longer term buy signal as strong as I saw on today's and this week's closing. Next week is going to be a barn burner-----Especially with the pandemic over.

Sell signal on the 1 minute negated very quickly. We gots us a barn burner.

BING BANG BOING