ES Journal - 2019/2020

[Nighthawk]

Big rally coming. Short covering massacre feast.

 

[FriskyCat]

Big rally coming. Short covering massacre feast.

Think they've all covered at this point.

 

[FriskyCat]

The easiest/simplest explanation can be seen on MONTHLY charts...

NQ did not take out the 2019 low in early 2020.

This makes NQ "different" from ES and YM, and RTY too.

RTY however, has been in a bear market for nearly 2 years,
which makes it "different" than ES, YM, and NQ.

The dollar is also an input.

I'd prefer a move of extended duration, as opposed to only a handful of trading sessions...
It makes chart analysis a lot easier for me!

I hope that throws some light on what I see, at least partially.

If you can trade RTY well, my hat's off to you. I think there are pockets where it is the cleanest and best index of the bunch, but it also seems to be captured by a lot of spread trading and there are many idiosyncrasies to it.

 

[Spooz Top 2]

One more for the road.... H&S came to fruition ... NL at 3180 broken... 3110 target hit & then some... I hope some of you guys were able to find Waldo on the 30 min...

 

[vanzandt]

Fire in the barn!

 

[Spooz Top 2]

Considering Iv`e been here since `06... I`ve changed my mind... I`m going to stick around for the camaraderie vs opening a new thread....

 

[Spooz Top 2]

Barn Burner Tomorrow!!

 

[Spooz Top 2]

Judging by the sound of crickets.... I have a bad premonition that some here were caught Long or averaged their Longs on the overnight..... because it "It Always Does"....

 

[EON Kid]

One more for the road.... H&S came to fruition ... NL at 3180 broken... 3110 target hit & then some... I hope some of you guys were able to find Waldo on the 30 min...

Im looking for 3020 to 3030 if we get a 2 to 3 day correction, 2930 to 2960 if things get a little more sporty (unlikely)

 

[wiesman02]

how many more times can 3100 hold ?