ES Journal - 2019/2020

The midnight gang is going to have fun tonight....Drift higher is a no brainier.

 

Are you SURE about that?

 

Negative reactions to payrolls data are few and far between post-2009.

 

I'm no expert on bear markets, but it seems odd with a bear market which keeps making all time highs as well. But what do I know.

 

You were correct. Again.

 

Oh no the strong jobs report has dashed hopes of a FOMC rate cut. Powell speaks a lot next week, im sure he will sneak in his dovish tone.

 

Bull market activity here - mark her down at the open, close her at new ATH's (actually looks like a pullback sell on the daily if today closes below Tuesday's low, imo).

 

"Rickshaw Man, post: 4886026, member: 26614"]Oh no the strong jobs report has dashed hopes of a FOMC rate cut. Powell speaks a lot next week, im sure he will sneak in his dovish tone.

The strong jobs report, including gains in manufacturing has reduced my concerns about a slowdown. Personally, I prefer the Fed not lower interest rates.

"NQurious, post: 4886040, member: 509078"]Bull market activity here - mark her down at the open, close her at new ATH's (actually looks like a pullback sell on the daily if today closes below Tuesday's low, imo).

I’m becoming a believer! Probably a very bad omen for the market, though.

 

looks like it is going down to 60. i see no bottom patterns so far.

 

76.00 was good entry short i think. not sure how low they will be able to take it. but i am riding it down to mid 60s. stop loss 78.00