ES Journal - 2019/2020

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Moving SL from 76 to 81

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I imagined that taking out 2871 should unlock some buying and even a decent squeeze, but so far every pop is sold. I suppose NQ is what's holding the market down today and preventing that from happening.

There's just no momentum left in this market at these levels.

I trailed myself out of a long at 72 since I lacked conviction with real money on the line - so I'm sure we'll trade higher from here now. :)
 
To be honest, I never really think of B1's bottom.

Jokes apart, I don't see how Jun contract evades the same fate as May contract given the same storage issues still persists

I think part of the problem was that people weren't expecting anything like that, so you had a massive stop run. Also, once it touched -0.01 many platforms could not enter negative numbers.
 
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