ES Journal - 2019/2020

One more meeting today and then I'll be headed back. Hard to get used to Central time.

 

-5

 

any selloff should provide some outraday support at 2890 area.

 

we have arrived again at intraday support. This will get exciting.

 

Do you think odds favor support holding or no ? thanks

 

Support has failed!!---Short 2929.25 Initial stop 2943.00

 

L 29 ES
not my trade! Copied. Zero idea why he bought there. Almost certain to be good, though. 90% chance. We'll see

 

There does seem to be risk aversion as may be shown in AUDJPY getting hammered today. Bonds are up, but easy Fed policy is at least some of that. We did have a nice range expansion yesterday as well. A correction is more than plausible at this point.

 

sl-34.25
stoploss 35.25
just probability.

 

whoever made this call is a guru as he caught the bottom of this movement.