ES Journal - 2019/2020

[wiesman02]

Just hit my goal for the day and I'm likely done as well. If 3145 doesn't break, I'm expecting a move back to 3185 FWIW.

 

[SPYgrain]

just at 50% up of down move.

 

[syswizard]

I'm expecting a move back to 3185 FWIW.

Don't think that is possible given the JPM price movement today.....and the epic ES fail at 3220 yesterday.

 

[Spooz Top 2]

50% retrace hit @ 72.50 from yest down move.... fyi

 

[tiddlywinks]

If you've ever wondered who has been on the other side of losing trades. LOL

https://www.cnbc.com/2020/07/14/des...ted-record-revenue-heres-how-they-did-it.html

 

[themickey]

It's early. Mark this day down as the day that financials began their move higher----much much higher. Please bookmark posting.

Hehe, these headlines on marketwatch today makes for a chuckle.
"It’s time for investors to stop buying stocks that are ‘stunningly decoupled’ from reality, economist warns"

 

[wiesman02]

Don't think that is possible given the JPM price movement today.....and the epic ES fail at 3220 yesterday.

well, one of us is going to be right lol

 

[vanzandt]

3177 looks good to short.
need that spike.
I think tonite/tommo will be a red day
lets use 3183

 

[tiddlywinks]

A basic FYI/FWIW... @ 1020a (pst), ES volume is running at 74% of yest. 2.75 hours rth to go.

Nothing to suggest volume-wise, that the pattern that exists since the first shutdown is about change here.
Up days on decreased/ing volume, down days on increased/ing volume.

At 12:43 (pst) Volume is at 99% of yest.
75% of volume spent mostly down in the first 4 hours or so,
and barely 25% of volume until the very last minutes of the day.
Anemic.

Nothing has changed.

 

[Gaslight Capital]

Hehe, these headlines on marketwatch today makes for a chuckle.
"It’s time for investors to stop buying stocks that are ‘stunningly decoupled’ from reality, economist warns"

When I'm ready to take trading advice from an economist you will know that the dementia has taken hold of me.

The problem with most economists is that they are never sufficiently bullish unless they are employed by a presidential administration.

That, and that they are economists.