ES Journal - 2019/2020

Trend day up, trend day down. I enjoy them all the same.

True enough ... there was a thread elsewhere today with an article link that discussed this very thing.

Here is the thread:

https://www.elitetrader.com/et/threads/the-stock-market-works-by-day-but-it-loves-the-night.329764/

And here is the article:

https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html

 

Shorted 2754.5
Stop 2767

 

Notice how days before and after the gaps had jumps from close to open but no gap is shown. Gaps come from un-printed territory, not from the jump between open and close. If they did, gaps would be commonplace----and they just aren't

 

The island like swing low left behind suggests it will be filled - does price hit 2800 first or is tomorrow a trend down day to close..?
...another unfilled gap to 2641..

 

The 2 minute 18:12 cst bar did have capitulation-worthy volume..

 

Will I soon be touting this?

 

Well we really didn't get the pullback yesterday. We only got the strong push into the closing.

 

Now you just need to learn to short You'll get another opportunity to do so soon enough.