It's "squeezed" between the 20d and 50d ma's.
ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
It's "squeezed" between the 20d and 50d ma's.
I like this way of thinking but how can you tell they are net long?
It’s simply a business. Inventory, markup, markdown, profit margins.
I'd really like it if @Buy1Sell2 could come forth and say "MASSIVE up move any minute now".
Globex gets the gravy ... RTH gets the grizzle!
Feels like summer doldrum is here already...
A 20 point range at 11:30 makes this the narrowest range since mid february. I'm pretty sure we'll see some slower and tighter ranges moving forward, so best prepare for it.
The sad thing is that historically speaking - this is quite a nice day. But in light of recent events - it seems very slow and very choppy.
A 20 point range at 11:30 makes this the narrowest range since mid february. I'm pretty sure we'll see some slower and tighter ranges moving forward, so best prepare for it.
The sad thing is that historically speaking - this is quite a nice day. But in light of recent events - it seems very slow and very choppy.
Last edited:
I'd be quite fine with normal right now.
Thats whats scary is a 20 pt range is pretty normal in the past few yrs but seems like a turtle now. I mean up 450 pts over the past 5 yrs is very very very rare yet it feels like were up 20 pts as the last 6 weeks its just an avg move.
Slow but easily traded, imo ... I lived off a lot of days like these. Far less stress than the big days with the 13 to 20 point 5 minute ranges
- Status