LRL in the money. The day already delivered, but should be interesting to see if this can go all the way to 5500.
Let's see how FOMC impacts the market in 33.
Let's see how FOMC impacts the market in 33.
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
No fireworks yet, but market's holding up well. Still + 1 % on the day. ES.
flat all ym lots 38700, remain bearish, there are no buyers to hold the bottom, only speculators
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holding my YM longs. It's all i've got on at the moment. Waiting for it's turn to do a ramp day. Maybe on a day where es and nq just stay flat lol. I want to get in long on an NQ dip though! it's a monster! Missed that one a bit!
Impression from that first post was that you implied we already were at BB boundaries. Rallied 70 points after that post.
What do you mean by that last comment?
The reality is that this market isn't coming down without something major to bring it down.
The specter of inflation and other things like geopolitical unrest clearly aren't going to do it - or at least not until they progress into something far worse. Markets clearly want to go higher. Learn to be bullish most of the time - or be a stubborn bear and get ready to donate a lot of money to people that understand the above.
As an aside though - the way many of the inflation metrics are calculated is complete bullshit and everybody knows it. Anyone that pays for their own gas, groceries, etc. on a regular basis knows what I'm talking about.
The specter of inflation and other things like geopolitical unrest clearly aren't going to do it - or at least not until they progress into something far worse. Markets clearly want to go higher. Learn to be bullish most of the time - or be a stubborn bear and get ready to donate a lot of money to people that understand the above.
As an aside though - the way many of the inflation metrics are calculated is complete bullshit and everybody knows it. Anyone that pays for their own gas, groceries, etc. on a regular basis knows what I'm talking about.