ES Journal - 2023/2024

Interesting times----here is the weekly
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don't think last week rally has any leg to stand on, when the 10y rate dropped 40bps. continue to sell ES puts at 4000-4200 range, to 200 ema.
 
schizo said:
We're in the process of cooking up IHS, so sez @volente_00.
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On the surface it appears high probability mkts to have hit bottom and we are in the early days of the Santa rally?
Everything is going gangbusters, right?

I DON'T THINK SO, THERE'S MORE PAIN COMING, we're not at bottom yet or maybe it will go back to its previous Lows starting this month.
 
themickey said:
On the surface it appears high probability mkts to have hit bottom and we are in the early days of the Santa rally?
Everything is going gangbusters, right?

I DON'T THINK SO, THERE'S MORE PAIN COMING, we're not at bottom yet or maybe it will go back to its previous Lows starting this month.
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But it would also be too easy for shorts to "draw a line" and go short, so probably first a little movement up aka "dze famous Trap"
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