ES Journal - 2019/2020

Gaslight Index* of Leading Stocks (white) vs $SPX as of Friday, August 6, 2020 close.



*That's a joke for anyone who takes these trading forum posts too seriously.

 

Stopped on that previous trade.

Long 56. Stop @ 50.

EDIT: Stop @ B/E. Rinse and repeat if stopped.

 

Here is the same relationship as of 3:08 PM today.

 

what
a
selloff.....

 

First 3 (of many) naked POC's below... same as quoted above.
3316
3290
3226.25

Only 1 naked POC above...
3369.25



The 8/3/20 NQ opening gap has now been filled...

 

Outside Day in Effect!!

 

wouldn't have guessed it 2 hours ago!

 

Nice. Hopefully it will spill over into tomorrow. These greedy bulls don't know when to stop.

 

I'd avoid drinking any water for a few days. Might flood the house.

 

And yet Mr. @Spooz Top 2 earned his nickname today by guessing 6.5 hours ago.