ES Journal - 2021/2022

Yep. The market sent a clear message today. Get long or get the **** out of the way.

 

Until Oil goes up again and then starts driving inflation/rates again

 

until earnings are back on track, we are not out of the woods. I plan to go short with tight stops, just in case.

yesterday we were very bearish and I cut 5k losses.

 

I will probably start shorting around the SPX 4008 level.

 

Cat is out of the bag about the Fed changing gears.

The rest is fodder. The market is a forward looking mechanism.

Anyone trying to get short in a big way longer term here will be providing liquidity.

 

Although this could get all the way up to the trend line around 4110 easily enough.

 

Agree 100%, but they can change gears back again later right?

 

For sure. One can only hope. Manic Fed = volatility = $$$

 

Just call @speedo “Fitty”

Nice work! Fella.