ES Journal - 2019/2020

Short 3010.25

 

Good luck everyone, it's going to get bloody.

 

That's my price target, bro.

 

Now 3003.

 

If we break below 98.75 (LOD), we'll very likely drop straight down to 88-ish.

 

Stop raised to 2993.00 Current pricing is 3006.25

 

Okay, a final drop before the close.

ST placed at BE

I must be getting old, sitting through all this nonsense like a stoic.

 

BTW we've had two days of complete intraday trend reversals. This is THE classic precursor to a big drop in the coming days.

 

All eyes on AMZN after the close. Expectations are pretty high. Top line revenue growth will be the key. If they smoke it, up we go.
If PYPL is any indicator, AMZN should do well on yoy growth.

Edit: There's the release. Up 24% yoy. That's not gonna be good enough.

 

How one defines "trend" makes all the difference.

Regardless, the last 2 days each had approximately 16 handles of RTH linear range. Hardly worthy of "complete intraday trend reversal" excitement, imo.