ES Journal - 2019/2020

[syswizard]

June CL stayed out of single digits in after hours trading.....barely ($10.07). It has now recovered to the low $13's...and indeed just made a new HOD. Crazy market for sure.

 

[IB_Dude]

warning consumer confidence may take a biiig hit in 2 mins

I don't know a single person that's expecting a good number.

 

[Picaso]

First gap above is 2970,50. Let's start with that one.

3,53 % from yesterday's Close. It could happen today.

Thank you, LF.

Isn't 2930 some Fibonacci retracement from ATH? (for the believers).

I'm finding it kind of hard to find clear targets this high...

We're set to open with a strong gap up here. Two basic scenarios:

1. We pullback on the Open and then continue trending higher with the HOD most likely late in the day.

2. We fail and reverse at these levels for a trend day sell going back into yesterday's range.

I'm leaning strongly on scenario 1, but will need 15/30 minutes to confirm.

OK, time's up, what's the scenario?

 

[Genevian Speculator]

I don't know a single person that's expecting a good number.

I just said dont trade before the catalyst. thats all.

 

[NQurious]

But how do you trade it?

 

[Laissez Faire]

OK, time's up, what's the scenario?

It's not clear to me at this point, but 2890 is a potential bottom area, so I'm thinking there's a good chance we put in the LOD here. Should know soon enough.

 

[EON Kid]

NQ looking like its the best long out of the 4 , from here to yest LOD

 

[vanzandt]

Yes and no ... I have a small "take a flyer" bet on earnings and then some longer term using monthlies going out. I think Boeing is going to the low 20's by year end if not sooner.

EDIT: My actual target is $27-$28, so not "low 20's"

Really?!
They gotta be worth that in scrap Aluminum.

 

[Buy1Sell2]

Looks like the parabolic move in Oil may have started.

 

[systemtrdr]

Looks like the parabolic move in Oil may have started.

which way.. up or down?