ES Journal - 2019/2020

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NQurious said:
That close on Friday makes it look like we're gong back to 3K before a pullback. Also, pullback's, as a matter of public policy, may not be allowed to occur until after the election.
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FWIW... several significant astro events occurring between 10th and 14th.... all of them retrogrades. Not suggesting or saying it's time to sell the farm. There are no signals or triggers from astro... BUT, making sure to take all VALID sell signals this week is certainly prudent: not a good time for taking a long lunch. IOW, expansion/acceleration of a down move if/when started, has one immutable tendency, amongst all other real or perceived reasons/causes.
 
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virtusa said:
I logged in on ET and realized I made some mistake as I appeared to be on Youtube.
Then I suddenly found a few postings amid all these video's???

Oooh, that's how ET looks nowadays...
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I suppose that is only true if you see threads with videos in them? There's many threads here!
 
Sekiyo said:
Maybe 3040-60 then 3150 ...
After that a 150-200 pts correction.
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When the ES can move 100 points in a day range, 150 to 200 points is not a correction. Not really. I think we all now need to reconsider the term "correction", and how we might define it.
 
Actually SPX is losing momentum.
Slowly turning south ?
Still bullish though.

cvFz3Arl
 
Buy the close, sell the open outperforming since getting roughed up during the panic. (next three charts are the work of Bespoke Investment Group).

EXqQFL_WAAA_LcI


Nasdaq:SPX nearing its dot com peak ... no clue as to whether this time is different, just thought some of y'all here might find it interesting ...

EXqRqSuXQAAXhLu



And Big Tech versus the rest of the world ... (Goldman Sachs GIR)


EXm2giQWAAAHEnA


Trade the market we have and not the market you think we should have have.

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NQurious said:
Buy the close, sell the open outperforming since getting roughed up during the panic.

EXqQFL_WAAA_LcI


...​
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According to that chart, buying the close and selling the open has been a losing proposition since the beginning of the year. So to say it has been outperforming since the crisis started is misleading. In the long run, it is actually underperforming, and is what NOT to do.

No wonder nobody does the buy the close, sell the open deal.
 
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