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Trading Journal & Checklist - COPY THIS ๐
Checklist:
How did I start the day?
(If no to any of these - NO TRADING):
Morning walk:
Stretch:
Meditate:
My argument whenever a boomer says:
โBoomers are the greatest generationโ
That same generation of boomers literally at KKK meetings & killing someone over their skin color
Not to mention the sheer amount of other crap the boomers did to mess up the world as we know it today
Genuinely the WORST generation imo lmao
I learned today LOTR crew filmed for 15 months straight in New Zealand, across 150 locations, to make all three Lord of The Rings films back to back to back, insane
The one major battle of helmsdeep shooting took 120 days to film In itself, since they only filmed that scene at night
The 3 films together pulled in 17 Oscarโs
Stock Market News For July 1st:
Non Farm Employment 8:15 AM EST
Fed Warsh 9 AM EST
PMI 10 AM EST
Trump speaking 3:15 PM EST
Buckle up for some volatility
Asian Session tonight:
Pretty much no volume at all rn on ES/CL ($SPY / $USO)
Looks like investors waiting to see what fed Warsh says in the AM (9 AM EST)
The past five years of July 4th trading week data in a nutshell
Week of July 4th ES data:
'25 July 4th on a Friday = +1.80%
'24 the 4th was on a Thursday = +1.80%
'23 the 4th was on a Tuesday = - 1.43%
'22 the 4th was on a Monday = +2.54%
'21 the 4th was on a Sunday = +0.60%
The past four out of five July 4th weeks have been bullish - this is the entire week not just day of
Seems as though the one that relates closely to our '26 4th will be the 2025 July 4th week since the market will be closing early this upcoming Friday, potentially use that one as reference
Plus the fact Trump Iran/US war news 'conveniently' cease fire right before the futures open tonight
Add the additional aspect that it's the 250th year celebration = i genuinely doubt trump would allow the market to tank, he'd tweet some shit if he had to
So going into the week, I'm leaning bullish bias, but obviously going to play it day by day
This Week's Implied Ranges:
$SPX Implied Range: 7,454.53 - 7,253.51
$QQQ Implied Range: 724.22 - 688.8
A lot of flow activity on $AMD so far this morning
AMD just broke a new ATH today as well, potential further push
31.2M premium, leaning bullish @_marketmono
A lot of flow activity on $AMD so far this morning
AMD just broke a new ATH today as well, potential further push
31.2M premium, leaning bullish @_marketmono
ES GEX levels as of 9:50 AM EST
Currently in a overwhelmingly positive gamma environment with 14.6B
Bulls want 7510 ES to hold in order to continue higher
Which is 7450 $SPX
@_marketmono
10:40 AM ES / #SPX GEX update:
Bounced hard at 7410, this level was guarded very well on Friday as well
Gamma environment flipped back to positive
@_marketmono
ES GEX levels as of 10:13 AM EST
Went from +7B positive gamma to -1.6B negative gamma on this drop
Now that we're in a negative gamma environment, theres potential for more of a flush
Next major target 7400 ES or 7340 #SPX@_marketmono
Dark pool levels to mark from 6/26
AAPL & MSFT both printing over 10B def something to be mindful of
Plus AMZN at 8.3B
Data curtesy of @_marketmono