Wow friends, how insane was today! I have actually been waiting for today since I started the history series on my insta. (: I'm going to start a new category on the blog to go over that, which will cover my market crash predictions.
We're gonna start off by going over the levels and how they played out. Then we are going to recap my Sunday analysis, because it all happened today! Also, because the 2nd part of my VIX guide will be out tonight, and it will show how I found these levels precisely. So you can, too!
On the left is the image of my nightly levels last night for /ES. On the rigth is gonna be the daily history of how /ES reacted to the YoY CPI data print.
As you can see we topped out near the 4173 level that I had shared last night, while finding a very nice base at my main weekly level that I wrote about on Sunday near 4010. But not before /ES continued to ALSO trekk right on down to the $3952 area that I mentioned on Sunday finding a nice base up until close.
Point blank, Sunday analysis was SPOT on. If you'd like, you can read it
Moving forward: For tonight friends, I am expecting us to range between these 2 levels for a bit, and hopefully pick a direction. I'll be playing lightly on the break which ever way it may be. As far as VIX is concerned, I'm expecting a decent bit of relief for her. 'Ol girl was overworked today. So really, I'm expecting a gap down on her tomorrow, but we will see.
Catch y'all later for pt. 2 on on my strat, with the wicks!
This is not financial advice.
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