ES Journal - 2019/2020

Also showed divergence on all three tf's

 

If it is going down, this is as god a spot as any. Need a nice bear trend bar with follow through. Right now lots of buying every time it tries to reverse.

 

Got the feeling it was the central bank itself that was buying.

 

funny old market!

 

Turned into another standard issue trend pullback AKA 930

 

This is why I never go all in short or even heavy short, you don't know at what point they will step in. It's still only creating mainly short cover rallies from what I am seeing.

I am not currently shorting this right now. Huge algo activity here buying this up.

 

Coordinated with a Presidential tweet that Russia says they will cut oil production lol

 

Unlike the plunge from Feb thru late March, this latest move lower has alot of shorts involved and these bear ripper spikes are not for the faint of heart. It's got ammo, but can't take your eyes off it for even a minute.

 

If you have a solid trade plan with clear signals and rules, it doesn't matter...just take 'em

 

CL soaring.....has exploded to the upside 25%.