lathe aligment

Folks, Happy New Year! I haven't came here in long time. I hope everyone is doing well. I have a question, please take a look the attachment. Can you tell it's wobbling? Why? Thanks 🙏?

Hello everybody , for long time a dial indicator always was in my mind. Now that I have a wood lathe I’m aligning it eyeballing and to be honest i have mixing feelings (should I buy or should I not) In your experience do you think it’s and importan tool? a must for alignment or not worth the...