Protection, cheap protection, continues to be applied.
The outsized demand for downside protection provides
an opportunity to squeeze the ES SPY SPX to higher highs.
The Gamma Squeeze in AMC, TSLA, ARKK will come to a
decided end as we begin to Roll the VIX with settlement
next Wednesday.
We remain patient waiting for Gaps to fill on both the
CASH/SPOT VIX and...
