ES Journal - 2019/2020

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OK thanks. I have to. I am working without a net. My SLs wouldn't be so tight if I was playing with house money. SLs some other people post drop my jaw. How can they take that much pain?

Those guys make up for it on their winners or they are blowing accounts.

You trade full time?
 
Yeah, but it's opposite when there is news from the oil patch like we had today. Look at the charts around 10:30 am.

Yeah, I know. We see it all the time. One does not preclude the other. If CL really still did it's own thing, it would not have followed the SP after the release.

It follows the flow of the consumer.
 
Some of the of questioning of Powell yesterday was horrible.
In addition to fighting inflation and insuring maximum employment, it seems the Fed has another mandate to wipe out racial inequality.
 
It follows the flow of the consumer.
And where is that flow ? Diesel fuel prices just hit a 21 year low.
WTI crude should be around $20/BBL right now. Any premium above that is strictly due to OPEC supply constraints. Demand for gasoline and diesel fuel remains weak.
 
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