ES Journal - 2019/2020

LOD most likely set. I see 2805/2810 from here by the Close.

Strong market still.

 

Looks now like CL and ES will move up from here in sympatico. We've got strong strong upward signals on both. ---

 

CL double-bottomed at $19.70 level this morning.....now at $20.10. It's not strong by any means, but it's not tanking either.

 

Like i said i'm mostly trading from the long side .Amzn,Nvda,Nflx creating excitement for now .The fly in the ointment is banks look horrid. Wfc right back near its lows of 3 weeks ago

 

-10
No more today. Max pain met
Good luck

 

I really only look at technicals. In my view fundamentals and sentiment reveal themselves in the technicals.

 

As i've been saying for a few weeks the panics over with for now. Es was down 92 at lows yesterday and no big deal.It gets a yawn now. Everyone's adjusted to it. Everythings moving in slower time frames now . The action each day is becoming grinder . We're slowly reverting back to more normal patterns .

 

It's down 30% in 3 days. Can't expect it to be a straight line down to $15.

 

Perhaps on the national level but different story here in NY/ NJ... they’re running out of body bags!

 

Would you mind sharing how you came to trade and view the market the way you do?