This rally has an institutional vote of confidence. Check the options tape for puts sold.
As VIX is getting crushed, systematic flows are also leading to a low-vol grindup.
SPY can go as high as 4200-4300 in the short-term.
So it should be fun seeing all the SPY bears get obliterated here.
As VIX is getting crushed, systematic flows are also leading to a low-vol grindup.
SPY can go as high as 4200-4300 in the short-term.
So it should be fun seeing all the SPY bears get obliterated here.
Note
420 coming soon. CJS04 gonna be mad.
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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.