ES Journal - 2019/2020

Status
Not open for further replies.
Prices just follow supply and demand, nothing weird.

If price looks weird there are 2 possibilities:
  1. it is indeed weird
  2. you don't understand the move
Always analyze all the different possibilities.

2. you don't understand the move trap
 
Fast moving market today and with a fairly narrow range so far.

The question is: Is this down a part of today's up?

Easy to lose sight of the big picture with red bars and strong reversals coming at you fast.

A mere retracement on a higher time frame can easily mislead.

I'm still long biased as hell in the short term, but the stuff I'm looking at does not give a very strong bias for a rally today. It might very well have to wait until tomorrow. The only thing I feel very confident about is that we won't close below 2950 today.
 
Status
Not open for further replies.
Back
Top