ES Journal - 2021/2022

I smell the big R. Oh, it's so intoxicating.

 

As predicted.

 

And now we see if B1S2 is correct.

 

Did you get my other memo yet? Expect 3890 in the near future.

 

uh---

 

Recession?

 

Ok. I could be way off….. BOJ wants to defend the yen. So BOJ sells US treasuries to buy yen to prop up their currency. Yen up ; treasury price down; treasury yield up; ES down. Right?

japan is in rough shape. Deflated currency ; capped out government debt yields; serious inflation.

 

No, probably “REVERSAL”