ES Journal - 2019/2020

We haven't seen a credit crisis--yet. But that could come any day now. I also ain't so sure if QEs would be all that helpful this time around with people sequestered to their own dungeons and businesses shuttered down indefinitely. All in all, we have a crisis.

 

u just saw it 2 hrs before it started.

 

I am not going to take credit for the gain I had last night as I failed to post the out.

 

Bottom continues to hold here with testing above and below it. I will maintain long bias.

 

There is no financial crisis ------yet.

 

First part accomplished-----second part---we'll see.

 

Plenty of folks in crisis right now. Don't worry, your corporate buddies will catch up.

 

I am a seller @ 2435.
Just waiting for the market to open.

Buyer (TP) maybe around 2320.

Upside:2460
Downside: 2000-200

 

HYG, JNK, historic volatility in bonds...it does seem each day brings more mess

 

Long 2383.00 Initial stop 2356.00