2.14 P/C at present which should peak near 2.24.
Many Traders believe the FED will Punt.
We do not.
The VIX itself, being left for dead during a rollover.
Meanwhile, CALLs are selling at 354% to 427% prem
to PUTs.
____________________________________________
INdices are rallying, as they do ahead of the FED.
Money Flows are positive into Equities, into Protection
we are back to extremely negative.
Captial continues to Slosh around while Executives at
the 7 continue to Sell Shares - MSFT is a solid example
where One ETM sold 50% of their shares.
_____________________________________________
The Weekly Charts remain our point of reference for
rejection, were it to expand the Channel, then it is an
entirely different conversation.
An over-throw is possible.
______________________________________________
As Divergences continue to build on the Larger TFs
we will Observe the Weekly UTL.
_____________________________________________
What is fragile does not prefer disorder or random.
It seeks stability and predictability. The fragile is
damaged by infrequent events.
In particular, when they become increasingly frequent.
INcreasing Amplitudes within increasing Frequency, are
a warning.
Events Unknown, unseen, unaccounted...
Many Traders believe the FED will Punt.
We do not.
The VIX itself, being left for dead during a rollover.
Meanwhile, CALLs are selling at 354% to 427% prem
to PUTs.
____________________________________________
INdices are rallying, as they do ahead of the FED.
Money Flows are positive into Equities, into Protection
we are back to extremely negative.
Captial continues to Slosh around while Executives at
the 7 continue to Sell Shares - MSFT is a solid example
where One ETM sold 50% of their shares.
_____________________________________________
The Weekly Charts remain our point of reference for
rejection, were it to expand the Channel, then it is an
entirely different conversation.
An over-throw is possible.
______________________________________________
As Divergences continue to build on the Larger TFs
we will Observe the Weekly UTL.
_____________________________________________
What is fragile does not prefer disorder or random.
It seeks stability and predictability. The fragile is
damaged by infrequent events.
In particular, when they become increasingly frequent.
INcreasing Amplitudes within increasing Frequency, are
a warning.
Events Unknown, unseen, unaccounted...
Comment:
2 Years of selling VX is unwinding.