ES Journal - 2019/2020

I’ll be the happiest guy on earth if I am able to buy below 2460. Maybe 2400 but that’s my worst (best) case currently.

Let’s see how price develop.

2430 is the 50% retrace

 

Starting to look good for the next leg down from here.

 

2420-2385 is the accumulation area.

 

Target is around 2690
SL is a bit below 2385.

But I don't have the tank for this kind of trade.
So I am going to follow PA

 

this is a good area to look at tonight and tmr.

 

On the daily.

 

There's a tendency for AH to plow pass support.
I would like a test and hold of the low below 2200 to start buying. But this is still too early to tell.

 

Short wise 2505-2525 is distribution area. Target 2410

 

But the guys have shorts in plenty already,
So I believe we're going to accumulate.

 

Your target distribution and accumulation is 100 pts apart? That's too small for the current vol. Maybe on a short time frame, but we are seeing 200 pts movement intraday lately.