ES Journal - 2019/2020

[Buy1Sell2]

Really doesn't appear to be any major resistance from here until 3100. ---Other than the top of the Bollinger Band. ----ATHs soon.

We'll see some stronger resistance around 3100 on the way to ATHs.

The hope here is that this 2807 area does not create a new short term ceiling. This is the fifth time here though and I would like to get through it. I still believe the first real resistance will be in the 3100 area on the way to ATHs.

We've still got a couple hundred points to go before resistance comes in.----Headed out for 18----talk to you soon.

Izzy Bottom looking good here and I am continuing long. I expect the first real resistance to be at 3100 area on the way to ATHs.

This 3100 area is the real resistance place that we need to get through and develop a floor at. The move higher here may take some time as the initial movements have been tepid.

Yep.

 

[Arnie]

going long here

 

[Spooz Top 2]

going long here

Yup.... Larger TFs confirming....

 

[Relentless]

Yup.... Larger TFs confirming....

What is it exactly you are seeing?

I'm looking at the higher TF's and it looks like it could really go either way (symmetric).

 

[FriskyCat]

Looks and feels pinned to me (can't speak for Spooz obviously)...Kind of like the big dogs are collecting all the orders in advance of the next binary spike bar.

 

[Arnie]

really need to get thru 3010 imo

 

[Spooz Top 2]

What is it exactly you are seeing?

I'm looking at the higher TF's and it looks like it could really go either way (symmetric).

Look at your 15 min ... continuous chart

 

[Cessna06P]

I see pennant formations. A short term (since yesterday afternoon) and a longer term (going back 7 trading days) all pointing to where we are right now. which way is she going to go?

 

[vanzandt]

Yep.

Profit taking by those that bought the dip. We'll get a bounce here in a bit.

Edit........That 3070 should be noted. That was a big inflection near term here.

Yep

 

[Spooz Top 2]

Look at your 15 min ... continuous chart

You`re looking for a rising wedge ...R at around 08