ES Journal - 2025/2026

Yep!

 

Beautiful IHS there today at 2PM on the 1

 

Is it still beautiful if price moves inversely to the IHS?

And if so what kind of price/time stop do you employ?

 

consumers are weak as expected.

 

Recently been paying more attention to open interest for the bigger picture and now I note ES OI hit a high point last Friday and now (as of yesterday) it is lowest reading since July 11th.

Volume has stayed about typical but OI should also continue rising if price trend is expected to continue.

 

Also yesterday RTH opened @ 6402.00 and settled @ 6101.50 or as a Doji.

 

it will push to the end of this month at least, then summer crash.

 

Day before end of month.

July 30th next FOMC.

Even if, as expected, no change.