ES Journal - 2016

1950 level (1944-46) main support.

1930 level (50 day MA) will trigger liquidity spike for large funds to exit shorts.

 

Regarding Draghi, price effects fundamentals, if economy slides he will do what needs to be done to keep it afloat.

 

2010 was also projected Ihs/ triangle target

 

yes, but i can afford to risk the profits which have been made this year.

 

Trade 4 - long 1975 SL 1945 TP 2005

1 contract

Balance - 100,500.00

 

in theory QE/ZIRP is bullish for stocks, but implementing QE at the peak of a bull market? that has unforeseen consequences

 

Barely.

 

So, red tomatoes or green peppers for tomorrow? Looking at today's close it's even odds IMO. But, daily upcycle is still on, so I choose a green pepper day

 

throwing up a thirty with the 200ma, It looks like a sell? Red Peppers are looking good in my salad.