ES Journal - 2019/2020

67 still likely, imo

 

Current intraday floor is 2747 with an attempt to establish 2757 as new floor working now.

 

The 9:45 - 10:00 AM minute price range PA has been less than unequivocally bullish, however. And if the market were going to pause, stall, etc. 2750 to 67 would as good a place as any.

 

Now that the day has been won on gap analysis, I would welcome other items to discuss, like risk management etc. or today's pullback which should present a great opportunity for a long lagter today or tomorrow.---I really love pullbacks in an up-market.

 

Now, including this morning - 3 gaps below to fill..

 

long 55.50, stop 53.25, target ??? maybe HOD, maybe 67

 

Gap between 48 and 53 , yes. Although the 2 gaps below really combine to make 1 gap of about 4 points from 19 to 23.---Quick reminder----gaps do not have to fill. They just do a lot of the time.

 

The 2757 number is still be worked here as a potential new intraday floor. Looks promising so far.

 

Short @ 58.25
No stop

 

Short remembrance from Jan 11 (current pricing on Feb 13 is 2758).