ES Journal - 2019/2020

[schizo]

OPEC doesn't start cutting till May 1st.

Man, you need to be ahead of the curve. Also look at CL today. It fell off the cliff. Didn't I say yesterday that the selloff would "roll over" from May into June?

Too late IMO. They're just gonna roll over the trouble to June contract, which will fall down into the 10 level soon. There's no quick fix for this until they reopen the economy and people start driving and flying.

 

[syswizard]

double bottom

Which market ?

 

[Laissez Faire]

Massive intraday upmove is now afoot.

Define massive.

 

[speedo]

Good place for first target, test of last PB and 10 points

 

[syswizard]

May WTI crude oil expiration at 2:30 pm today. This should be interesting as well as historic.

 

[speedo]

Which market ?

I only trade the ES

 

[schizo]

We're heading down to 2640, which happens to coincide with 38.2%. If not by today, surely by tomorrow.

 

[speedo]

Good place for second target

 

[nillionaire]

Guess it's true that front month will always match spot price at expiration. May CL contract has rallied back to almost spot price now.

 

[syswizard]

When WTI June held 11.00 level recently, it immediately jumped $1.00 to $12.00 within a minute.
Now that's volatility !