ES Journal - 2021/2022

[c1rcle]

Opposite. Shorts were laying in wait "letting" longs move price higher. Till the news.

It is often what is not done ... that matters.

But look at what transpired during Globex. Price moved higher into first few hours of euro session. Then stalled. Not exactly what I would call "pumped up".

That makes sense too.

Agreed, which is why I said "trying". I think there were spikes but they just didnt capture enough peoples attention.

 

[sidbunch]

short 3613
18 point stop
edit: making it a 10 point stop

 

[Master Pu]

Too early to call, as I need to see how we close today, but if in line with expectations, then a big rally for October will continue from tomorrow.

 

[sidbunch]

short 3613
18 point stop
edit: making it a 10 point stop

+19

 

[SunTrader]

USDJPY breaking higher, more fuel to equities going the other way:-

 

[SunTrader]

Seems trading activity has slowed waiting on tomorrow's CPI report?

 

[sidbunch]

+19

back in short here 07

14 point stop

 

[schizo]

If PPI came in higher than expected, isn't it obvious that CPI will also be higher? After all, producers pass the cost on to consumers. But ironically the market hasn't sold off on the news. Why is that?

 

[SunTrader]

Day isn't done.

But I do note indices have been heading lower since noonish.

 

[SunTrader]

Crazy chit. Not one but two ... one minute bar up and down spikes out of nowhere!

A third one as big a range but not as dramatic a move. Now its all reversed.

But for how long?