ES Journal - 2025/2026

longed vix contracts for hedge, not sure where we are topping. earnings are low bars to clear for sure.

 

And it certainly was------today also looking very very good at the moment for continuation of the uptrend.

 

No disagreement with today, but you're being silly saying Friday was.

Actually until today makes a new higher high the verdict is still out on it being a continuation of the uptrend in my book either.

Rose colored glasses, or are they orange-colored, fog your vision sometimes.

 

Trend remains up until it ends. Will I be wrong on overall trend direction? Yes--at least once during each trend.

 

well, the overnight dip and the opening dip were the 2 awesome trades. Typical, really. Still very much a BTFD market. Didn't catch them today unfortunately (apart from on the spreadbet ''long only'/buy every freaking dip and breakout '' account of course!)

Options account ended very slightly red. first puts on NQ worked out great, but gave all the gains back on the other put attempts

futures account ended +10 es points or so. Fortunate to be +10 on that account tbh

Will have a look when I next get a moment - likely tomorrow an hour or so after the open tomorrow

CPI tomorrow?? Hope you all done well

 

Agree 100% trend remains up but a lower high, lower low, lower close (which Friday was) is not a continuation. And today with the exception of a higher close was also a lower low and lower high daily bar. Again not a continuation - AFA how most define it.

Tonight's current Globex session has a low bar to eclipse - today's high to possibly make a higher high, so I'll be curious what it does along with tomorrow's CPI reaction.

Otherwise we could be looking at a possible third daily lower low, lower close.

Of course a sneeze by say Goldman top trader with his finger on the buy button can break things out to yet again new all time highs no problemo.

TWT

 

Let's not forget the inability to close the gap above.

 

Other shoe dropping?

https://finance.yahoo.com/news/june...-trump-escalates-trade-threats-174837696.html

June inflation expected to show tariff-driven uptick as Trump escalates trade threats

.....

"The next three months will mark a key stretch of inflation data," she added, noting that while inventory front-running has so far limited price hikes, "it will become increasingly difficult for businesses to absorb higher import duties as pre-tariff stockpiles dwindle."
.....

 

I'm guessing TACO TACO'd again?

 

Wow took out highs on es . Why the big jump to 6335 ? Shorting just tough . Got to take your short bacon fast or profit gone