ES Journal - 2019/2020

How did unemployment number do?

 

zerohedge

@zerohedge

November Payrolls Huge Miss At Just 245K Jobs Added, Unemployment Rate 6.7%

 

Was that a drop or rise in unemployment rate?

 

Financials--

 

0.2% drop

 

Looking like a trend day with upside targets mentioned above. EOD move may be the steepest closing near the weeks high.

 

Nice trend beginning in my view on financials based upon the indicator below

 

I was impugned 4 months ago when I used the indicator below on ES, but as you can see, it has proven me right. Your mileage may vary--

 

Out at 3702.50 for gain of 338.25 pts. I have rolled into March long at 3694.25. Reevaluation area will be 3307.00

 

Is there anything that could change your bullish stance before having to absorb an nearly 400 point hit? Such as an acceleration of call buying volume by retailers?