ES Journal - 2019/2020

what happens to a gas light when it runs out of fuel?

 

It stops burning. But why would you want to bet on that as long as it is burning strong?
In my opinion shorting a move like this without any confirmation is gambling at best.

 

Gap and go, up over 60 points since the open. Clean PA on the way up with a bear trap at 11:10

 

You'll see nothing but pullbacks until $3440.50 or so on the ES, if it even pauses there; and I wouldn't be surprised by $3450 today +/- a point or two. Eventually this train is going to pull into 3576.25 station basis ESZ long before it ever trades a 3200 handle again.

Don't forget to roll kids. All the grown ups do it.

EDIT: I have never seen a gaslight run out of fuel attached to a public utility gas line run out of fuel.

 

brilliant trade

 

Good work TJ

 

Thanks guys, glad I finally got it.

 

ET: "Dow rallies over 600 points on WTF!?"

 

Good eye, @Buy1Sell2, real pro-level analysis ... new highs on the horizon.