ES Journal - 2023/2024

Opened short positions in ES and YM? Let’s see half percentage drop.
Not yet. I think she's still got one more trick up her sleeve. Look for a double top on the daily. That's your cue to load up on the short.
 
Not yet. I think she's still got one more trick up her sleeve. Look for a double top on the daily. That's your cue to load up on the short.

ym is below 20ma, es is tipping 20ma, the table is turning.

half percent swing on the cpi news at 8:30 before open is not an impossible task.
 
Personally, I'm a bit cautious towards the long side at the moment. I don't pay much attention to the FED, but they seem more hawkish lately and I can't help but think it would depress the markets if that CPI print comes in slightly hot tomorrow.

NQ's been such a drag lately, too.

We can't rule out that a correction have already started, so I'm preparing my mind for the short side.

Yes, yes. Longs just blew up.

From the chatter I've picked up it seems like most people were expecting a CPI rally and were already counting profits prior to this sell.

Let's see if this get legs lower over the next few days.
 
One tenth of a 1% higher inflation, not the end of the world

I don't think this is the start of a bear market...

but if we close up for the day, I'm changing my name to V-icaso :D
 
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