ES Journal - 2019/2020

What we have here is a lack of inertia.

 

Gartman should be announcing he is long very, very soon.

 

You're a fool of monumental proportions. It's ok for you to post here, but your kneejerk responses need vetting.

 

No one wants to be a fool of minuscule proportions.

 

Short 84.50

ST 86.50
PT 75-ish

 

Measured move takes it to 89ish

 

Massive long here-------Staying long.

 

Short 86.75

 

Thank you. Thank you very much. Now if I could only be fool enough to follow your logic ...

 

Maybe it was. Maybe not.

I didn't say we would get a repeat of 2017 either - I just illustrated that making new ATHs does not by default mean a pullback is due.

The sad fact is that volatility IS shrinking. And the VIX is heading ever lower...

I do hope you're right and that we'll see a sell-off soon with increased volatility. I'll be prepared if it happens, but not holding my breath yet.