ES Journal - 2019/2020

In times of GREAT UNCERTAINTY... a picture says a 1000 words.





Best keep some dry powder folks. Until the Pandemic's over.

 

NQ been a lot stronger this morning, but looks poised to set new lows here any minute.

 

RTH, correct? But still way off the ATH lows

 

Everything seems to say "Sell" now, but with the strong counter moves so far, I've been having a hard time to commit to the short side - mostly taking quick scalps.

Wouldn't be surprised to see us put in the LOD here and trade up towards 2780 +, but it's a counter trend move at this point.

 

Trump tweeted this morning the deal was really 20 million instead of 10 million. The market is telling us what the truth is.

 

Max is a good dude. Trading a $1M (Canadian) account. $750K now I guess.
https://www.elitetrader.com/et/threads/i-got-this-one-wrong-guys.342981/

Well said.

He's still long.

Dropping fast. Must be those teenage traders over in Houston.

 

The most important chart to follow in MMT

 

Open gap at 2650. That's also 4,5 % down. Roughly.

Maybe.

 

Long $SYK at $170.74.
edit... out. BE.
Bad trade on a down day. Good stock though.

 

And this am everyone thought 2850-2900. Nobody knows . I'm just scalping in here for 10-20 min trades till i see more weakness where i can hold a short longer . Amzn up $70 tells me there's zero fear.The greatest stock of the last 20 yrs is right back near ath's . We still have 3 $1 trillion co's after the greats shock in 90 yrs. Insane