ES Journal - 2019/2020

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5 Min shaping up for a sell signal as well... potential 3 O Clock Drop .....

Looking for a Buy signal here ... just not getting one... Missed the morning session unfortunately as there was a beauty at around 10:50....

There are three benefits of taking an early signal, one is that you are in the money quicker, two is that you can just stay on and see if it will develop into something greater, and three, if you are wrong you lose small,
 
We are sitting under Daily resistance ~ 3145 level. The past week the ground work has all been done for this move up - so I dont expect much of a pullback, maybe another pullback after we take out the Globex high, but pullback only. SPX up 1%, wouldn't be suprised if we closed up 2%
 
There are three benefits of taking an early signal, one is that you are in the money quicker, two is that you can just stay on and see if it will develop into something greater, and three, if you are wrong you lose small,

Well stated ... That`s exactly how I look at it! I usually take the head start as I call it....
 
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