ES Journal - 2019/2020

I think 3084 is in the cards for a measured move

 

maybe 3080ish, then a small retrace, then 3150 or so

 

a 3 or 4 point pullback would be appreciated here, lol

 

screw it L 3066

 

Looks a touch heavy. I'll buy a move back to 58ish

 

+6

 

L 3073

 

The Fed has already publicly announced $22 Billion in market operations for this first week of June. They publish their intended purchases for each day of the week in advance. So there is no need to listen to rumors on this. The Fed has been extremely transparent about their various market operations. You can fact check your rumor source at the New York Fed's website.

 

Putting in stops today on my shorts/ puts. Based on futures data looks like it will hit. Should have taken profits on Friday, now it looks like it will be a breakeven trade on Financials + IWM. Letting the SPY puts be. Overall if the stops are hit, will be 20% short and 80% cash.

Cant beat them, join them!.

 

I was referring to a second round of stimulus checks and/or a second round of PPP.