Similar to last year March when markets crashed 35%, the US10Y yield is crashing today, with the majors bearly off the ATH's. Will this divergence end the same way - with bonds as the safe haven of choice? Something tells me we're very close to finding out...
We need to see one final push up imho prior to letting loose for good.
YM 35071
ES 4322 - 4366
NQ 14.835 - 15,688
They blew out backwardation in VIX as M1 / M2 treaded to par - GAP & Trap there.
Hedge_Of_The_World
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@JRML115847, I think you might be right, Vix was clobbered at the close. It didn't look like retail though. The final seconds saw the most volume of the day, that was aggressive.
deadsquare214
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@Hedge_Of_The_World, my thought was proshares were getting short after covering all day. I know I sold some calls myself even. looking at your set up I see another volmegedden was my first thought. Hbu?
Hedge_Of_The_World
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@deadsquare214, I agree, I think we're close to a decent correction, maybe in the realm of 20%. But, how long until the Fed starts buying ETFs? Lol.
HK_L61
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200EMA 3911.20
Hedge_Of_The_World
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@JRML115847, Definitely looking for a sub 400 print this week/next. Potentially 367 if this sell off really gets rolling, and then, of course, 323.
@JRML115847, dont you mean GS's game? GS, shitadel and Woods prob the players about to get played imo. who knows tho. Thoughts? First check out how much GS makes off of tesla lol