ES Journal - 2021/2022

On days like this I use tick charts to enter waiting for momentum divergence. Then use 1 minute to monitor progress.

 

Closed for basically no profit, feels too risky chasing this down.

 

I go long here on YM, let's see.

 

Switched to long with a tiny position

 

Noooo.

Well maybe it gets a bounce near Nov 10th CPI low?

 

$SPY below, S3,

 

That's what convinced me to add to my position a bit more. Plus its oversold now.

 

But it was "oversold" not too long after RTH open, and look what happened since!!!

 

Good point. But its more oversold now Plus I reckon its a bit of a bear trap right now. I would have expected a way bigger/faster drop than we saw after the SPX support broke. So feels like a fake out.

Will quickly shut down my long though if this goes down much more.

 

Just got back and what do I see? Damn, it really turned out that way. What is this, an armageddon? LOL