ES Journal - 2019/2020

The parabolic upmove in SP continues here. :Look out above

 

It's a great buying opportunity in my view as we continue the move off the bottom higher.---much much higher.

 

Yep, and we must remember this is not a free market, but a FED MARKET. If we do go to ATHs, I think it will be the BOT (Blow Off Top) of all times.
If the FED money flows continue, I see gold and silver as huge winners.
McDonald's hamburgers at $100 a piece anyone ?

 

It would be unlikely in my opinion that we would breach the recent low of 22.49 in XLF. Rather, I believe that to be the springboard to higher pricings. --Staying long---

 

One simple answer: the market is totally irrational right now..and totally unhinged from reality. Euphoria, hype, hoopla and craziness over stock pricing prevails. Part of it is due to those Robinhood retail traders. They are a big factor now.

 

i feel like the ES is always irrational. Price action tells enough of a story to make money though

 

right in the middle here nearing the close. swing high 45 pts above. swing low 45 pts beneath....
seems like a coiled spring for sure.....

 

330-400 est is always a shitshow. I rarely trade this. It back and fills when u expect a break out and vice versa

 

globex might be interesting tho. with all the reporting.

 

4PM to 5PM ET could be the real shitshow because of the aforementioned earnings...Hold onto your potatoes!