ES Journal - 2019/2020

Because that's how you buy the low and sell the high

 

I had 1 of 3 trades that were winners yesterday, but ended up positive for the day.

 

It's also OK to short the top.

 

2600 floor intact for now with the bounce here to 2650 area. Make no mistake though, 2622 are is still bidding to be the new floor.

 

What do you think selling the high is ?

 

Here is a daily chart of SP futures where I have drawn support/resistance lines for your perusal and independent conclusions.

 

Reduced at 2652

Stop trailed to 2619.25

 

Now the lines drawn on the hourly--

 

----and now the top line on the 15---

 

Our challenge then becomes what to do with this 1 min chart---