ES Journal - 2019/2020

Just hit my goal for the day and I'm likely done as well. If 3145 doesn't break, I'm expecting a move back to 3185 FWIW.

 

just at 50% up of down move.

 

Don't think that is possible given the JPM price movement today.....and the epic ES fail at 3220 yesterday.

 

50% retrace hit @ 72.50 from yest down move.... fyi

 

If you've ever wondered who has been on the other side of losing trades. LOL

https://www.cnbc.com/2020/07/14/des...ted-record-revenue-heres-how-they-did-it.html

 

Hehe, these headlines on marketwatch today makes for a chuckle.
"It’s time for investors to stop buying stocks that are ‘stunningly decoupled’ from reality, economist warns"

 

well, one of us is going to be right lol

 

3177 looks good to short.
need that spike.
I think tonite/tommo will be a red day
lets use 3183

 

At 12:43 (pst) Volume is at 99% of yest.
75% of volume spent mostly down in the first 4 hours or so,
and barely 25% of volume until the very last minutes of the day.
Anemic.

Nothing has changed.

 

When I'm ready to take trading advice from an economist you will know that the dementia has taken hold of me.

The problem with most economists is that they are never sufficiently bullish unless they are employed by a presidential administration.

That, and that they are economists.