ES Journal - 2019/2020

Got back in long, 2885.75.

 

Sorry to say this, but looking at the last 4 paged of thread, I think most of you can ignore the graphs and flip a coin... heads you go long, tails you short.

 

"#1 financial blog on the world-wide intraweb".

 

hahaha. But not if you're a scalper. There's a method behind the madness, my friend.

 

Downtrend continuing here in this bear market. We had the nice cash gap fill and subsequent sell off. I expect that we get down to at least the 2820's again very shortly. --next few days--

 

---missed by a couple of days, but we certainly filled the cash gap that I discussed. ----Normal bear market activity---

 

I would expect a bounce today to the 2890 - 2900 level and then a selloff later today or tomorrow.

 

For the record, everything that has happened since last week's lows has been in line with nearly 80 years of stats I've worked and re-worked on the cash $SPX ... $3090 cash is on the horizon.

Three different set ups have occurred since 8/5 each of which has been historically bullish, and this is the first time I have found since 1945 that the three have occurred together.

$SPX to 3090 by end of quarter

 

I can see 7840 in the NQ's future

 

Blast off!!!!