ES Journal - 2019/2020

[syswizard]

Made 48.50 points on a MNQ short earlier. Wish I held on.

Nice trade. NQ has been crazy volatile today....I am seeing 5-10 pt moves in a second.
Also...Robinhood traders trying to get TSLA back to their purchase price of $1700.
Good luck with that....LOL.
Some lawyer should start a website: www.robinhoodbankruptcy.com

 

[Buy1Sell2]

I purchased CL today for the long haul.

Yep!

 

[Spooz Top 2]

Yep!

41 ?

 

[syswizard]

Yep!

Long crude oil...It might work out.....as WTI has refused to go down for months now.
Only problem is this: production increases are coming up.....
https://www.cnbc.com/2020/07/15/oil-markets-opec-meeting-us-crude-inventories-in-focus.html
Also, there is the issue of shale oil coming back online. Shale oil production can be profitable above $40/BBL.

 

[Buy1Sell2]

Fairly normal activity today after an overnight bump. A lot of back and fill. I expect to close near highs. If so, that will be a great indicator of how strong thwe market is . No one wants to be short tomorrow in that scenario I would think.

 

[Buy1Sell2]

Headed out for 19------talk to you soon.

 

[SPYgrain]

Fairly normal activity today after an overnight bump. A lot of back and fill. I expect to close near highs. If so, that will be a great indicator of how strong thwe market is . No one wants to be short tomorrow in that scenario I would think.

The min (letter M) top obj was hit (w/in 2 pts) on the downside..5 min chart
...or call it HS..

 

[syswizard]

This afternoon is definitely "torch the shorts" price action as every PB has been bot since noon.
Bigger issue is: will we close above 3220 ?

 

[SPYgrain]

This afternoon is definitely "torch the shorts" price action as every PB has been bot since noon.
Bigger issue is: will we close above 3220 ?

a larger HS with a lower rt neckline - 5/15 min is potentially forming..therefore 3230-3233 needs scoring again before nullifying HS..

 

[SPYgrain]

a larger HS with a lower rt neckline - 5/15 min is potentially forming..therefore 3230-3233 needs scoring again before nullifying HS..

seems like buyers are very determined to your point syswizard