ES Journal - 2019/2020

[Buy1Sell2]

Nice healthy pullback in a strong upmarket. Please review weekly charting below.

 

[Buy1Sell2]

There is a strong potential for this to come back most , if not all the way today with financials leading the way. See you at the close.

 

[volente_00]

Nice healthy pullback in a strong upmarket. Please review weekly charting below.
View attachment 238603

draw the long term spx chart upper trendline to see why you should had scaled out yesterday at the top

 

[syswizard]

Short Nasdaq 12400 since last night.
never getting out.

Heckuva trade. However, NQ moved 100 points north in 10 minutes after making new lows and a double-bottom.

 

[Buy1Sell2]

draw the long term spx chart upper trendline to see why you should had scaled out yesterday at the top

I never scale out. That is a strategy that underperforms, and is inferior to, all-in/all-out in my view.

 

[amsterdam]

There is a strong potential for this to come back most , if not all the way today with financials leading the way. See you at the close.

Not challenging your call.
May very well do that.
This has been a retarded market.
However, I don’t see it happening.

 

[Buy1Sell2]

Not challenging your call.
May very well do that.
This has been a retarded market.
However, I don’t see it happening.

If not today SVZ, then soon. I see no break in upward trend here and just believe that profit taking/rotation continues.

 

[syswizard]

Every dip was bot since the 1:50 pm low at 3446. Traveled 16 pts north and then Wham, got slammed down hard.
Mean market.

 

[Laissez Faire]

Nice healthy pullback in a strong upmarket. Please review weekly charting below.

No - this isn't a healthy pullback, but a huge drop.

It's possible the market will reverse from today's low - but let's not call this what it's not.

 

[Laissez Faire]

Long only traders who don't compound can easily handle today's drop and more. Long only traders who compound their account could blow up on a day like this.