ES Journal - 2021/2022

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And the market wants to go up it seems.

 

Out by +5, don't have the motive today. Tomorrow CPI day will be out as well, wait to see some tech earnings.

 

I was expecting a drop really. Especially coupled with the PPI update

 

Long 3602

SL 3599

 

Not much bearish sentiment out there yet, just stunned silence.......

 

Oh that's right - forget Fed mins release was @ 2pm.

 

NQ CumTick has been heading lower while futures moved higher. One of the other has to give.

 

Out 3603

So much left on the table...

 

Not really out of nowhere since we had FOMC minutes. That's probably also why the markets were relatively slow today, waiting for the news.

 

This probably means the CPI will get brushed off tomorrow, especially if we trade higher from here to the close.