ES Journal - 2023/2024

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

Probably not a bear market, but possibly a correction?

10 % down takes us to 4750. Let's see if you keep your name by end of day or not. :)
 
Shorts got stopped out on quick move to 5287 before the drop .
And they ALL entered short again below 5270. Just look at that plunge.

I guess you and your permabull buddies need to be looking for a day job soon. LOL
 
Maybe tomorrow. But I'm pretty sure we'll close at or near the low for today.

Could be a roller coaster, but the V is cancelled for now for sure.

Seems like that 10 year note auction was shit. FOMC minutes coming out in an hour, too.

I was lucky to net 3 points today after trading only the last 20 minutes and I'm calling it a day here. The long side seems risky and I'm not a fan of shorting after a 100 point drop either.

Good luck all and remember to wear protection. :)
 
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