ES Journal - 2021/2022

A little late to mention this now, but ES has been holding up better than NQ for a while now. Did you ever consider shorting NQ as well or instead?

NQ often taking out it's relative lows sometimes when ES isn't even close.

 

I have in the past, not so much these days. For some reason, ES gives me a better vibe than NQ.

 

Looks like the face ripper lost momentum once again.

Not the easiest conditions to navigate at the moment. Probably best to not get overconfident both ways.

I find it a bit funny that one guy who’s underwater on a long position on these boards seems to be quite bearish…

 

FriOct 28 8:30am
.................................... Actual Forecast Previous

Core PCE Price Index m/m 0.5% 0.5% 0.5%

Employment Cost Index q/q 1.2% 1.2% 1.3%
Personal Income m/m........ 0.4% 0.4% 0.4%
Personal Spending m/m..... 0.6% 0.4% 0.6%

Came in as expected yet indexes went all crazy for two minutes.

 

10yr yield up 132 BPs 4.045%

 

just saw that, I had a sell order at 3835 but didn’t get fill, hope we are heading that way.

 

Think we might get another 400pm ET close gap fill.

 

Glad I followed TA, no reason to get overly bearish until we trade below 3777 intra-day and/or candle close below it.

 

obviously moved up the target to 3860-75 range, opened last night at 3800

 

In between that "TA" - there was a f**k ton of movement, though.

No need to get overly anything in this environment, IMO. This is not the bull market of the last 10 years, but a fairly volatile and nervous market which turns on a dime making fools of both bulls and bears.