And you know and many others, there's a ton of wisdom within this thread.
It's not all about ES, lot of intelligence if one is prepared to look.
Last edited:
ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
It's not all about ES, lot of intelligence if one is prepared to look.
Many seldom do.
Yes but I would like to see a little more build out, should see it with the slew of earnings next week
It depends on what's going on with the stock, and if you want to play it long or short.
If there's no news and its not a high-vis stock that particular day, the pre-market action is useless.
Ya gotta watch the volume too. If there's no news but unusual volume, sure the pre-market lows can give clues. A big volume spike that defines the low, could mean that will likely be the low of the day going forward on a stock that bad news came out on.
Operating under this assumption right now. If this is truly a "3" up, we should really get going. Alternatively, that "3" could just be part of a corrective wave up. Either way, looks like more room on the upside -- at least to that 3520 level. Open to a variety of scenarios but trying to play the edges I have. My short-term cycle work doesn't support an up move here so that is something I'm keeping in mind.
Last edited:
Volatility in tech today likely due to options expiration.
See the 2 articles I posted previously.
- Status