ES Journal - 2019/2020

[wave]

Potential long entry with stops under 3283.

 

[themickey]

I have been wrong so much lately, I think I need a better coin! Been making money, though. Fortunately, I don’t take my opinion on market direction too seriously anymore.

Nasdaq, Traditional Banks, Fintech, Oil, Gas were hardest hit but not too much panick elsewhere, just a wee bit of fear broadly.

 

[BeautifulStranger]

Nasdaq, Traditional Banks, Fintech, Oil, Gas were hardest hit but not too much panick elsewhere, just a wee bit of fear broadly.

Only trading intraday, so no overnight positions, except perhaps an option spread. Even there, the option spread trades have not been lasting a full 24 hour trading day.

 

[syswizard]

Nasdaq, Traditional Banks, Fintech, Oil, Gas were hardest hit but not too much panick elsewhere, just a wee bit of fear broadly.

Yeah, no problems. Nasdaq just down 10% in a new record.
https://www.marketwatch.com/story/t...nge-in-historyagain-11599597345?mod=home-page
Bloomberg Analyst price estimate today for TSLA in 2021: 19
Not 190, but 19. That's another 94% drop. Puts anyone ?

 

[vanzandt]

Large rally into closing likely here in my opinion. I believe that no one wants to be short going into tomorrow and Thurs.

Goooooong
From 9/3, the day of the big drop and the day before the mini-bounce:

You guys gonna BTD?
I guess as long as you don't hold on and trade your signals ya'll will be ok.
Just remember, sometimes these decent corrections precede a bounce/flatline, and then comes the trapdoor. Wipe out all the discretionary cash in the market via margin calls.... then run the whole thing right back up on low volume, sell the top.... rinse wash repeat. There's absolutely nothing new.

"Just sit back in that chair right there and let me show you how it's done".

 

[syswizard]

Was just pointing out that the selloff is rather mild yet.

https://www.marketwatch.com/story/t...nge-in-historyagain-11599597345?mod=home-page
What alternate universe are you in ?

 

[themickey]

https://www.marketwatch.com/story/t...nge-in-historyagain-11599597345?mod=home-page
What alternate universe are you in ?

A severe selloff imo is where a broad range of stocks close near lows on above average volume with bar lengths longer than average.
That hasn't happened.

 

[Gaslight Capital]

I'm pretty sure that that $3295.25 ESU was the low of this little pause that refreshes.

 

[volente_00]

Hey Volente_00,

What are the T-Day rules? (serious question)

newbie

Search function

 

[Relentless]

https://www.marketwatch.com/story/t...nge-in-historyagain-11599597345?mod=home-page
What alternate universe are you in ?

Universe looks pretty up to me.

Where were you in February / March?