ES Journal - 2021/2022

If things don't get going here pretty quick, tomorrow could be ugly. Perhaps even into the close today.
Surprised the vix is flat at 19.4

 

Excellent analysis by SVZ as usual. This market should test that 4530 level.

 

Because Stevie is a rocker. And a roller!

 

Lillyhammer 2022

 

a surprising morning, weak hiring is a good news. took first 135 points profit on the run up less than 30 minutes into the open, but been carrying drawdowns since 10am from 4697, finally exited on the rebound at 4680ish, gave back 70 points. happy with 65 points.

 

BARN BURNER DOWN!! STAY TUNED---

 

We are set up now for this drop to occur next week and likely continue the week after at least.

 

While spx/spy were somewhat lower today, the vix was also lower.
So the market is expecting lower volatility- next week - I would say

 

I don't know about the VIX.

Does it anticipate future? Or is it lower because market range smaller today?

Is it leading? When I look at it over long daily chart, looks like it is reactionary?

So maybe next week big move down in SPY. VIX then goes up. As reaction.

Maybe?