ES Journal - 2019/2020

I've been re-reading Darvas Box lately, and it's the same principle.

 

This much divergence between Russell and Nasdaq (especially in light of it tagging unchanged on the year) is a pretty decent sell signal IMHO.

 

and here is the continuation

 

BINGO!! IVB = Inside Vertical Bar...

 

Long 56.50

SL 53.50

 

Ladies and Gentlemen, it is the moment of truth

 

Long 2759.75 Initial stop 2737.00

 

Looks like a nasty reversal on NQ. I'm not familiar with the indexes but I'm thinking a strong bounce to continued selling into the close

 

Flipo short 62

+6ish

 

Out 67

-5