ES Journal - 2021/2022

Think it all depends on 10 yr yield, ripped higher 177 basis points stopping @ 4.078% from last night's open @ 3.901%, only to come back down close to open presently @ 3.969%

 

Well I definitely fell for that bear trap

 

"Daddy whats your favorite nineties alt rock band?"
"Green Day, son"

 

Misspoke with this earlier post ... "back down close to open presently ...". At that time it was still 68 basis points away.

But just about 5 minutes ago it touched opening level and is not slightly above. Now what does it do?

 

Did you get any Memo today? It looks like the big boys have planned it.

 

Today's action reminds of somebody saying: it is not the news that matters, it is the market reaction to the news that matters.

 

Always.

 

I am happy to be out, good hour.

 

I hope you got out with your skin intact.

They would pay for the entire range (see 1 minute timeframe). Nobody would have escaped that vicious selloff.

 

i posted it earlier. The long actually worked out nice and I took a nice profit before it absolutly crahsed.
But I then started shorting the bounce and getting creamed haha. Still holding. Only in small though. Gonna turn it into a 'swing' I think!! Lots of people still saying 3300 is next. We'll see