Yep. The market sent a clear message today. Get long or get the **** out of the way.
ES Journal - 2021/2022
- Thread starter Buy1Sell2
- Start date
Yep. The market sent a clear message today. Get long or get the **** out of the way.
Until Oil goes up again and then starts driving inflation/rates again
until earnings are back on track, we are not out of the woods. I plan to go short with tight stops, just in case.
yesterday we were very bearish and I cut 5k losses.
I will probably start shorting around the SPX 4008 level.
Cat is out of the bag about the Fed changing gears.
The rest is fodder. The market is a forward looking mechanism.
Anyone trying to get short in a big way longer term here will be providing liquidity.
Although this could get all the way up to the trend line around 4110 easily enough.
Agree 100%, but they can change gears back again later right?
For sure. One can only hope. Manic Fed = volatility = $$$
