ES Journal - 2021/2022

Looks like we have a strong potential for a massive move upwards to the hog today or tomorrow.

 

What inflation?


First Squawk

@FirstSquawk
·
4m

FED REPEATS TO MAINTAIN ACCOMMODATIVE POLICY UNTIL INFLATION RUNS MODERATELY ABOVE 2% FOR SOME TIME, SO THAT INFLATION AVERAGES 2% OVER TIME AND LONGER-TERM INFLATION EXPECTATIONS REMAIN WELL ANCHORED AT 2%

 

Grain prices hit 6 year high

 

WHAT A WONDERFUL DAY

 

There's blood in the streets...

3700 by the Close?

 

3 % down here. Potential reversal area. Hands off for me as this could easily swing both ways.

 

nice squeeze there. should be a good battle coming the next two days

 

Any reason for this sell off other than just plain overextended market ?

 

Yes, its overdone at the low 3700's, probably starting this evening,