ES Journal - 2019/2020

out +8

 

Nice hold....you really took some heat on that trade.

 

8 points? guess it depends on what you call 'heat' lol

 

June CL trading between 13.00 and 11.80 today after a 20+% drop in the night session.
This contract is likely destined to the single digits before settlement.
However, there is Trump, OPEC, the Texas Railroad commission all ready to come out with statements that will burn the shorts. Beware if you are shorting during RTH.

 

Looks like trading back to the way it used to be especially at night. Like watching paint dry

 

Anyone else trading the crack-wipe spread?

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Ah. To clarify you are looking for a blowoff of this entire reflex off 2200 ES correct? Or you were just referring to very current PA?

 

Calm before the storm.

 

NQ is moving pretty good right now

 

We've seen some pretty good action on the ES tonight as well.