ES Journal - 2019/2020

At 4200, I will begin looking for an opportunity to sell and perhaps trade on the short side for a bit.

 

Biden might beat you to that level. Watch for his bear carrots.

 

nearly there
Will possibly change target to 3616 area

 

Joe Biden?

 

starting the move towards 4k now, I believe
Money to be made for bulls here

 

I hear talk about both 4K and 4.2K.

When? This year?

Off my trading computer now, but didn't we close at 3250 or so in 2019?

So, we're up about 300 points or 9 % so far.

4000 would be + 750 Points / + 23 %.

Seems like a stretch to me given that the world's in a recession. Seems irrational already, but can the S&P really go that high?

 

L 3550
will close at 3570 after the open

 

Draw the long term SPX upper trendline and you will have your answer

 

No stop ?



on a mean reversion instrument you are taking a risky trade chasing a gap but good luck