ES Journal - 2021/2022

This market loves to OVERSHOOT...from 63 all the way to 99...never content with moderation.

Anyway, entered short here @ 97

I exited a long from 70 to 90 while sleeping. Put it at B/E when the market was at 70 and hit the sack with low expectations thinking I could very well get stopped out. :)

Not trying to impress anyone with a hindsight trade, but I've been mentioning the ETH session a few times and just look at that nice trend higher. Last week, it happened more than once that I took a few nice trades in ETH and got chopped up in RTHs FAST two-sided moves.

I definitely want to exploit the ETH session more, but as I hold a day job I'm not always around and generally like to monitor my trades when they're on. Yesterday, I took a sleeping pill and slept like a baby, though. Knowing the worst outcome would be BE :)
 
One of the things that has been interesting, especially in the last few days, is that the "consensus" seems to be that the market has to go lower. Inverted hammer-like candles on NDX and IWM on daily yesterday. Hanging man-like candle on the VIX. Maybe the bottom has finally come together!
 
Friday all time record put buys . Those put buyers paid threw the nose . We showed no ability to cut hard threw yearly lows . What’s really stood out for me the whole year decline has been the inability to get real dislocation and panic . It’s been slow and orderly . Had a few big down days but no panic
 
Could be a range or even a rally coming out of this base before the next move lower. I wouldn't think this is the bottom.

Good move higher here ovenight. Might have to see what my statistical model says about this. Looks like we can have a shot at that juicy gap above from last week.
 
Could be a range or even a rally coming out of this base before the next move lower. I wouldn't think this is the bottom.

Good move higher here ovenight. Might have to see what my statistical model says about this. Looks like we can have a shot at that juicy gap above from last week.
What gap?
 
What gap?

Last Thursday's RTH Close. Not at my trading computer yet, but this should do...

upload_2022-9-27_14-58-14.png
 
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