ES Journal - 2019/2020

Let's see how much this obvious 5 min chart sell signal takes us. Probably just a little pullback but could play into the large move that I am forecasting. In which case I would be wrong about the large move direction.

 

Looking at 2610 to 2620 area as a good buying zone for further upside later today. We are further into the 2 hour period where the large move commences.

 

Still no cofidence not surprised to see big retraces.

 

NQ showed significant positive divergence at 1157 cst..

 

We have a triple top, yesterday morning, afternoon and now, RSI diverging as usual...

 

What we have is, also, imo is a BO in the making above 2626.

 

We have a triple doubletop (3 double tops in a row) or to simplify it (and confuse everybody), a head and shoulder where the head is a small triple top. 5mins 2 days cash chart.

 

I would like this 2622 area to now hold and support us for the afternoon higher. So far it has

 

I looked at cash chart and I do not agree with this analysis.--There has been no new high today--in fact it could be argued that the triple top was yesterday and that it has failed.

 

news can take us where technicals wanted to go anyway