ES Journal - 2019/2020

ES long 92.75, stop 91.25

Took some on 1/2 well aware of the double top sitting at 95.50.

EDIT bought some more back at 92.25, stop still 91.25

 

Bollinger Bands do not provide continuous advice; rather they help identify setups where the odds may be in your favor.

- John Bollinger

I think that the pullback is over. and that market will close at higher highs than we have seen today.

 

Agree, moving up smartly after days of largely consolidation.

 

Added 2896.25

 

Energy and retail leading the charge.
Wait till tech kicks in next week.

Retail (consumer discretionary) is up on China... 7.2% in 20 days... that might be a good short play next week.

 

Objectives are

2885.25
2872.5

 

The move up is orchestrated to distribute before the move down to 71

 

As long as it pays

 

Screw playing golf

Time for a nap

Baby don't cry

When we fill that gap