ES Journal - 2019/2020

So what you're saying is the LOD is in?

 

7 point RTH range for first hour

 

break out to the down side, me thinks.

 

A couple of lower probes failed.

 

But,

 

As you are implying, bullish overall ... I think what is holding it back technically is that HWB from 14.25 ... I know those with superior information will tell me I'm a crazy schizophrenic, but The Money likes to take some profits at profit targets and to reload at HWB's ... this mania buying at the lows are retail guys like you and me buying for long scalps. The big buy today is likely to be between 32-33, imo

 

4 th time might be the charm, just for short play in my book.

 

After the fact chart alert so those of superior intelligence and information, please divert your eyes ... Here is my last trade as an example - four point scalp with the profit limit one tick below that 39.75 high ... I am flat currently. If the LOD is in, I'll have to wait to see a trend develop and then buy the pullback. For now, I am still expecting at least one more probe lower (maybe several).

 

how about downtown to 30, doesn't seem unlikely?

 

possible, you have the 35.75 overnight low anchoring for now and 3 data points on 15 min chart..if supply overwhelms could sell back to 14 - looking past FOMC tomorrow..