ES Journal - 2021/2022

Possible formation of right shoulder on NDX weekly chart, oil pushing $70, likes of TSLA hugely overvalued. What else? VIX weekly bounce?

 

out that here +11

 

I bet some people shorted that 'double top'.

 

93,50 is a potential reversal zone - but with NQ clearing the Open and morning HOD I think we'll continue higher on the day.

 

here we go

closed that a bit early.
Just waiting for first entry to get in profit now

 

Just logged in as I’ve been busy today. Overnight extended move down on seemingly no news and this volatile move up on no news. Am I missing anything ?

 

It's getting a bit hot up there, price of crude, according to Carboni, starting to burn the BBQ.

 

Burn, baby, burn.

 

Tomorrow has a double-whammy, with Powell yapping at 7AM and NFP at 8:30AM. I would expect the VIX to spike around those times, and settle down if the news is good and dovish.

 

Sounds like a yawn-fest.