ES Journal - 2019/2020

Exit 3672.75 +20

Waiting to short

 

ES Looking quite weak imo, not expecting a new high shorting bounces

 

Still expecting this today, maybe a push to 3670 and break

 

Salesforce to Buy Software Maker Slack for $27.7 Billion
By
Nico Grant
December 2, 2020, 7:44 AM GMT+10:30 Updated on December 2, 2020, 10:57 AM GMT+10:30

• 
  Slack CEO Butterfield to stay and lead unit after completion
• 
  Price is a 55% premium to Slack’s stock before talks reported

Hmm I've seen this before

 

Long ES 3644.25 tight stop

 

exit 1/2 3654.5 +10 stop to BE, maybe test yest POC ~3665 & 3670

 

Financials have moved in a great direction!

 

Exit last 1/2 3673.25 +29 the slow grind up invalidated the selloff scenario, but may happen Thu or Fri from ~ 3680 level.

Also expecting a melt up into new Jan 2021 so have to stay nibble

 

Mainly looking short today with a 3600 target

If NQ leads higher first - a pop to 3680 and break. Maybe some support at 3661 first

Any strength above 3680 and I'll be looking for a trend day with a 3720/3740 target, would rather be late for a long entry and get 20 at the end.

Payrolls number tomorrow morning may be a real catalyst

GLTA

 

November payrolls 245K, Exp. 470K