ES Journal - 2019/2020

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Even Southern company a boring utility is up 50% in 3 weeks. People much more comfortable buying dips now so i suspect the ride down when it occurs will be much slower and choppier . As always short money is tough money .
 
Technially, this looks strong to me. I'll be going long on confirmation of strength, but ready to reverse short on any sign of weakness or failure to take out levels from Thursday.

Happy hunting all! And don't get too hard locked down in a bias either way. That can be costly. :)
 
Yes it does look strong and buy on dips for trades looks like the play as of right now. Oil looks terrible right here as it can't even rally with that deal.
 
We couldn't have asked for better overnight action from the teenagers. Quick pullback and slow grind back up to roughly unchanged. Strong, Strong market.
 
This says it all from Goldman Sachs this am:

"surprisingly, the largest shock to the global economy in 90 years has left equities only 18% below the record highs of mid-February and roughly in line with the market price in June 2019, just 10 months ago."
 
Laissez Faire said:
With everyone and their dog being a bear - one simply cannot be anything than short-term bullish here. :)
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Very true, but we're still not going anywhere.

It'll be chop chop chop----- DOWN
Chop chop chop----- DOWN

The VeeeZeeee top of 2975 will hold until after the 2020 election at a minimum.
 
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