ES Journal - 2016

Sell stops 1984 ..

 

200 day on futures

 

From the chatroom


Buy1Sell2: Long ES 1988.00
Buy1Sell2: Initial stop 1976.00
Buy1Sell2: Staying long here
Buy1Sell2: Stop raised to 1985.00
Buy1Sell2: out 2001.50 for 13 pt gain

 

Lots of consecutive red bars.. Someone's dumping but algo trying to keep VAWP @1997 .. When algo stops maintaining than those liquidations come into the green.

 

Very skittish algo driven activity, no question about it...Meanwhile FANGS getting clocked.

 

Fischer came out with Hawkish comments.

 

The market is above its 50 and close to 200 day... FED is just getting started raising rates.

 

Oil is close to 38-40 .. It will ease Russian economic stress plus generate revenue for revamping defense/offensive armaments. It's all about killing your enemy.. The equity market will be hit to drop oil to 20.

The new world order won't allow a strong Russia. What bankers feel most threatened about is a nuke over their city.

It's been the policy of the Cold War to bankrupt your enemy. Easiest way to kill Oil prices.

 

scary how managed everything is...2000 is the "sweetspot" as far as the Fed is concerned...

 

The algo's in different markets are all interlinked. Markets can be 'driven' in which ever direction the big hand chooses.