ES Journal - 2019/2020

Until they want to force the FEDS hand. Then they drop it like its hot.

 

Could you imagine where this racket would be without Gov`t financed Welfare ...

 

15 Min with a potential Diamond Topping set up or Continuation pattern... The Fed Money has turned these into continuation patterns.....

 

That was good for 50 points almost.
Assuming no breaking news, you guys will have to be quick tonight. Small scalps. We're in no-mans-land at the moment so it'll be one of those nights dominated by math and and not sentiment. You'll see a lot of action around 3123, so I'd say 3130 would be a good short entry for a quick scalp if it gets there. 3128 might work too. 3132 to be safe.

 

90-100 handle move anticipated off this diamond consolidation range....

 

I feel we may be ready to bust a directional move here...at the apex...

 

Tonight you mean?

 

Not necessarily... but if they’re going to steal a move , it’ll be to the downside .. which is where I’m leaning. Lots of action on Globex ...

 

Good analysis Spooz...