ES Journal - 2019/2020

Tomorrow we should see a nice drop to 2640.

 

For now just a pullback in an uptrend . The banks very weak . But several tech still strong . Very jiggly day.

 

I think I'm going to let this sit for a while and then come back after it reopens see if I can place an overnight short (which would have worked last night, so probably it won't tonight, but well...)

Who are you and what have you done to B1S2?
(But yes, I'm surprised we didn't make new LODs)

 

Hello All, I have been lurking on your thread a while so I thought I would join you. I monitor /ES on one screen and this thread on the other. It is quite enjoyable. I have been trading for a while but with less than spectacular results. At least I have not blown myself up yet. I have convinced myself that it is possible to be a winner at this game. It has taken a while but I am to the point where if I lose a couple of hundred on a trade it does not upset me. I am learning a lot from just following you guys. So I hope that I am welcome.

 

Out at 2773.75 for a gain of 4.5 pts.

 

I am surprised you didn't bail-out at the 2790 level this afternoon.

 

I hold for extended gains. I only take the small ones when the full monty doesn't play out.

 

This was an absolutely fabulous cash closing today---- Look at the chart below and deny it--

 

This is just the start of a barrage of announcements from the government in regards to the crude oil crisis. Today they announced a program to pay producers to stop drilling. Next up: expansion of the SPR.
Any and all announcements meant to burn the shorts in the futures markets. Indeed, CL could not stay in the 19's today....4 pm close in the mid-20's.

 

Let's see what happens tonight. From what I've seen, Fed typically only props during RTH.