ES Journal - 2021/2022

I guess it depends on what you believe got us to this situation of high inflation in the first place. Some people believe its down to the supply chain, and conflicts entirely. In which case, if they are resolved then things will recover quickly.

I personally believe its more down to QE feeding huge amounts of money directly (or indirectly) to people who don't need it. In which case a redistribution of wealth is required. Which is extremely unlikely.

Core inflation is supply chain problem, energy is war problem. QE and unemployment can be managed slowly.
 
I'm no expert but the hourly is starting to look like a limp flag / windsock for a bullish move next week. Bearish sentiment is starting to get more noticeable, and we all know how the market likes to inflict MAXIMUM PAIN

Next week is start of earnings season. Expect more downside. I should know, I am long.
 
Next week is start of earnings season. Expect more downside. I should know, I am long.
Dude, there's ALWAYS something in the offing. Economic events, earnings, news, etc. If what you say is true, we can only go down, period. So why bother? :rolleyes:
 
As an observer...Schizo and B1S2 and Spooz Top have large testicles

Honorable mention to LF and VZ for contribution
True, not everyone can get one of these... :D

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