ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. Buy1Sell2

    Buy1Sell2

    I hadn't looked at that. What do you make of it?
     
    #30581     Dec 14, 2020
  2. I dont know if it means anything. wondering if it has to do with dividend price this week. I always assume there's someone out there that knows more about the pricing mechanics. I am not that person unfortunately. I was about to drop december from the watchlist, but guess ill see how it closes.
     
    #30582     Dec 14, 2020
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  3. Buy1Sell2

    Buy1Sell2

    Wish I had an answer for it but I don't. If it were Soybeans, I could tell, but not sure here. Would love to hear someone explain it so that I can understand.
     
    #30583     Dec 14, 2020
    Builder17 likes this.
  4. 4 days down in a row? Is that allowed? ;)

    For tomorrow - my crystal ball suggests about a 70 % probability we'll close above 43,25 on an Inside Day. A gap up will likely see an initial morning dip.

    But all that requires a hold of 42,75. If 42,75 breaks within the initial 30/60 minutes - watch out below.

    TL;DR: Bullish above 42,75 on tomorrow's Open. :)

    EDIT: That would be 37,50 on the March contract.
     
    Last edited: Dec 14, 2020
    #30584     Dec 14, 2020
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  5. Overnight

    Overnight

    It means nothing, since we're rolling. The ES YM and NQ volumes always seem to be a bit off in the roll volumes by a couple of days. The MNQ contracts have fully switched as of Friday. And don't forget the quad-witch coming this Friday, along with all the other crazy going on.
     
    #30585     Dec 14, 2020
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  6. Looks like the train already left the station. Let's see if we can get a pullback on the Open for a good long entry. Targeting 80 or 90 on the day.
     
    #30586     Dec 15, 2020
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  7. I'm long here, but may be a tad too early. Might see 3650/53 on this shakeout/pullback.

    At least that's my hypothesis...
     
    #30587     Dec 15, 2020
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  8. EON Kid

    EON Kid


    I'm thinking along the same lines, 3650 would be a gift.
     
    #30588     Dec 15, 2020
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  9. Looks like we're getting it. I scratched my prior long for a loss. Going long again @ 3653/50.

    If we drop (much) below that and don't make a new High by the Close: I got today wrong...
     
    #30589     Dec 15, 2020
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  10. EON Kid

    EON Kid

    Downside looks limited here 3657 could be it, NQ seems to have based.
     
    #30590     Dec 15, 2020
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