ES Journal - 2019/2020

Wow, oil going nuts again.

 

Breaking the LOD - if it happens, may be worth a good 27 points or so.

 

Stopped out

 

The market can go down, up anything it wants to do but it's been a bear day. Best to wait for signs of strength before you consider longs.

 

It appears I took a false signal from one of my indicators. I can't say I was fully convinced, I trailed it with a stop in case it was wrong.

Response to @speedo

 

Indicators can be useful for confirmation or negation but they make for bad signals

 

Up $2/BBL in less than 30 minutes ! Hard to believe it went into the 19's. How far can this run given the supply-demand situation for June delivery ?

 

Snooze fest for the moment. Maybe we get some action into the close?

 

Long 91