NQ - 1 Hour / 8/8

Pirce Objectives overhead 16650, 16661 & 16671/676.

Large Gap Fill 16505 below.

Continued Weakening of Breadth and now 4X Negeative
Divergences once again.

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TSLA is driving Globex / ARCA trading with a PO of 1176.20,
currently up 2.68% @ +30.48.

The VXN is now ranging between 20.74 and 21.76.

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JPM was out with repeated warnings to Equity Valuations all
last week, following the Federal Reserve.

1800 - 2500 Fair Value mentions were provided in the Event
the probability of a sharp adjustment to Valuations come into
the Trade.

Q RATIO
CAPE RATIO
SHILLER P/E RATIO

Pick a Ratio...

All @ Extremes, and waring of an outsized correction.

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Tuesday, as we indicated last week would be the Day for the
Pivot Lower, it remains the outlier day for a Correction.

We shall see, this Week...will be interesting as it is set up for
intense VX.


___________________________________________________

Resistance is trading First this morning.

Comment:

16711 PO

Comment:

Pressed NQ x 10 16750

26/26 Position

Comment:

GAP FILL close to complete ahead of EU Session Close.

TIME Matters.

Comment:

Closed 50/50 QQQ Puts.

CASH 100%