ES Journal - 2019/2020

and if you’re positioning long, BH has the target profit right.

 

I would say that the intraday floor is 3465.

 

Highly unlikely after this reversal, IMO.

But anything can happen...

 

As long as we didn't take out Friday's High - there's still downside risk, though.

 

Based on local volatility, that would be a 4sigma event. June 11th and July 23rd were 4 sigma events.

 

Inputted some data into my statistical model and there's no strong edge as far as I can see.

No shit, Sherlock, but basically we either make new highs or lows from here.

With the current bullish sentiment and NQ stronger, I'm betting higher. Maybe 3515.

Last trading day of the month today as well.

 

02/04 should be support zone from here.

 

Adding a long 96

 

End of month profit-taking/re-balancing portfolio? Fairly controlled move so far.

Slightly surprised if we don't stop @ 85/87. But my read so far today have been s**t, so...

 

add 3494