ES Journal - 2019/2020

Mutual with you.

 

All you guys are seriously clueless

 

I think each one of my calls the last three weeks have been 100% right.... thank you very much.

 

Play is in position and risk free, add 2810.00 for a value bet. * Without the fill of 2810.00, value bet long entrance is moved to 2803.00.

 

2900 again??? you have to be j/k

 

I'm in stalking mode.
HWB traded overnight ... ES bull swing is alive above 2776 to 2779.

2789 should find buyers if price goes that low.

A lower low on the daily cash with a close above Friday's low would indicate caution to those expecting a bear swing to continue.

The bear's best indicator is that higher high followed by lower low and low close on the NDX. Otherwise edge still goes to the bulls.

ESM 2828 is HWB of Friday's highs to last night's lows, and 2827-29 was battle ground last week.

All in my opinion ... Good luck y'all!

 

What is a HWB?

 

HWB = Halfway Back, some call it the "50% retracement" but then that implies fib #'s to some folks. So I prefer HWB as I am not a fib trader.

 

Thanks for clarifying. I personally think this down swing is going to at least 2750. Thursday's touch of 2867 was a big important level from the move up back on Sept 6 - 10th. And if we close below 2720, test of lows coming very likely.

 

Yeah, 50% is not a fib number but a good one to watch.