ES Journal - 2019/2020

Feels a bit like earnings season zig-zags. Masterful work of taking out yesterdays lows by a few ticks. I missed the perfect touch on ES of the 2/28 swing lows since I was watching cash SPX. Dumb.

 

IMHO, it would be better to tax foreign oil, or even subsidize domestic production, to a point where US oil producers don't go bust.
Otherwise they're just making all this effort to help Russia, Saudi Arabia and Venezuela...
But what would I know?

 

No way man. It's a 24 hour operation.

 

Trade the micro's.

 

There is no such thing as a PPT that buys equities to prop markets up.

 

I agree, it looks pretty bad.

 

Texas already declared a moratorium a few days ago but most of the producers balked. Let's see if they can reach a consensus this time with the Fed.

Expanding the SPR? Nah. Why would they that? If the oil price goes up, it would be all for nothing.

 

That's because the Fed hands the baton over to BOJ during the Asian session and the ECB during the Euro session.

 

You had me worried.






















Still do.

 

No----it doesn't look bad----It looks fabulous.