ES Journal - 2019/2020

[vanzandt]

Maybe, but nothing says it has to be tomorrow. The market had its panic. Now ti can go about its bidness taking any route it please to whatever place it wants to go.

I agree, in the sense its gonna take its own path. But the path is south... so however it wants to get there.

I agree - but why can't it go back to the highs one more or time or possibly even overshoot towards 3k before ultimately rolling over towards 2550-2650'ish??

History has shown the largest upspikes always occur in bear markets. So yes. But we just saw a run at 3000 too so who knows.

 

[wiesman02]

I agree, in the sense its gonna take its own path. But the path is south... so however it wants to get there.



History has shown the largest upspikes always occur in bear markets. So yes. But we just saw a run at 3000 too so who knows.

what about the fact that the hedgies and institutions all exceeded their benchmarks this quarter ? Still rest of May and June left before next quarter. Probably will add to selling pressure right

 

[NQurious]

I agree, in the sense its gonna take its own path. But the path is south... so however it wants to get there.

South is certainly getting some help from the Big Orange Problem.

 

[vanzandt]

South is certainly getting some help from the Big Orange Problem.

Intuition once again.

 

[virtusa]

South is certainly getting some help from the Big Orange Problem.

Oranges grow better in the south then in the north. South is much warmer.

 

[EsKiller]

Morning all from rainy South Florida today. Scalpers delight right now, no clear direction. GL

 

[theapprentice]

trying again L 16
stop 07

+20

 

[ElCubano]

Morning all from rainy South Florida today. Scalpers delight right now, no clear direction. GL

pouring here. With some storms brewing.

 

[syswizard]

no clear direction. GL

Huh ? We went from 2810 LOD to 2838 in 20 minutes.

 

[EsKiller]

Huh ? We went from 2810 LOD to 2838 in 20 minutes.

I didnt say there wouldnt be volatility, I said no clear direction. Look at the higher time frames. We were at an area at the open that was as 50/50 as u could possibly get. As this is developing, direction is becoming clearer. Thats what I meant