Description
⋅ 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.
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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%