neilzo

It's time to bring some real volatility to markets - ES to 3000

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Hello!

Right off the bat, I'm gonna mention that the market has changed during the last few weeks. All the retail and hedge fund crowd have suddenly started to buy into the rally, which they couldn't do for the past 6 months. Also I hope ya'll have seen the P/C ratios and volumes that have gone absolutely bonkers and made new records never seen before day after day. It is time to crush the call buyers speculation and bring some real volatility to markets. I'm not bullish until we have at least got a bigger correction to around ES 3000 level and washed the retail crowd (speculators) out. That's all.

*turn date 23/11/* - All the options gamma getting rolled over by the dealers likely have positive effect on the markets rally into year's end/Christmas. If there's weakness into this date it's likely gonna get gobbled up in the next few days and squeeze all the shorts and make people on the sidelines chase!

Good luck!
Tonis
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.