ES Journal - 2019/2020

That Vol goes both ways... nice to end up on top!

 

Who here is convinced swing lo is in place?
Who is Not?

 

Intel does a double-beat, yet provides weak guidance. Stock price now down 7%.
Now it's apparent: tech is priced to perfection. No mercy for weak numbers.

 

I think it’s in. I’m considering swing long in the next few hours

 

Make that 8.5%. Satan inside.

 

Naked POC update...

POC at 3229 was taken out today.

First 3 (of many) Naked POC levels below...
3196
3154.25
3104.25

Only 1 above.... 3265

As an exercise, pull up a 24hr 5 minute chart and look at the (previous) 3229 and 3263.75 levels of the last few days. A breakdown was telegraphed in the overnight session.

 

Not...see a test of TL overnight 3210-3200..how bout you, Spooz?

 

Just stopped by to make this comment. I think swing low is in, I expect confirmation or failure shortly after RTH tomorrow.

 

I saw that as well...but I redefined my trendline to reflect the following:

 

Euro flash PMI numbers due in the early hours, projected to be higher than previous. If those numbers are even or beaten, I would expect a rise, as it would be signs "Europe is recovering."