ES Journal - 2021/2022

Better to keep an ear on the tax changes and geo-political event risks, rather than the already in the pipeline inflation. JMO.

 

For the time being the NAZ found its bottom,

 

Nooooooo

 

Tough market, but donnap's Salvage Yard was in full operation today.

Mostly long MES w/ES put and short call overwrite hedgies expiring today. Did particularly well with the dirt cheap 4160P and the MES longs to a lesser extent.

And took in 2 pts. on this fly.

My week so far in ES products...roughly.

Mon. +300
Tues. -500
Wed. +400

Not great, but it beats the hell out of yesterday's fiasco.

Onward and upward.

 

Yes I just got back and I see that it failed, I still see nothing big going on, the hourly ES is still showing pretty much the same thing,

 

FWIW 3RD LOWER HIGH IN 240MIN CHART ES

Often substantial thrust down following 3rd lower swing high

 

My statistical model suggests a good chance we'll open below 50 today. So, I'm thinking maybe lower before higher, but if lower - should be a very nice buy.

So maybe Master Pu will get his NQ 13300 target today.

 

The daily chart has not changed much since yesterday, yes the smaller timeframes have been wiggling every which way,

 

Long 4174.50 Initial stop 4098.00