Grab a Blade, chop some Cake. Roll up a Billy, toot until your head explodes. Dive in Headfirst - YOLO Maybe baby. Welcome to the US Economy. Where you can make $2K trading swings in 15 Min Charts on NQ every 15 minutes, what could possibly go awry.... More Cocktails, please. ______________________________________ In the meantime, remove all expectations...
Simply use the Levels, RTs were to be anticipated, we saw a heavy Prop under the ES and rotation to the YM. NQ will sell once again. Patience required. No point in chasing it, Price will come to you. STO/RSI Deeply oversold on 1 HR as indicated. _______________________________________________________________ There are Days when CASH is an excellent...
We have sold the NQ twice during the AM Session. EU Session Close will be our 3rd Opportunity for the SELL. The usual Gamma Squeeze Suspects are in the Trade. After blowing through Extension Price Objectives, the NASDAQ is getting Extremely Over-Heated. __________________________________________________ TSLA 1209s appear to be the trigger for the ES to hit...
The VXN Setup up an Unseasonal Decline in 2019. Erasing a 3%+ in a similar Structure to what we are Observing now. ____________________________________________ The Point is - at that time, everyone was taken aback by the sudden and very unexpected reversal. *** Note the Lows for 2019, they are important on a break of 18.01
As indicated, the Bid under Volatility is THE Hedge. Unable to Unload... You have precisely ONE Option. One Guess where the Hot Mess... Will be heading ____________________________________________ 9/9 Completes without a Higher HIgh. Valid? Yes, it is not required, but would have been nice to have higher...
Cattle Pens at th4 StockYards are FULL of BULLs. The Dippers are perplexed, what with all the Tweets from the FED on deck today. Jerry and the Kids continue to CowBell their way to another Prop. Of the 5 FOMC Members Bullhorning Today, the GOOD Fed / BAD Fed undertow is in Trade. _________________________________________ Step 1: Divorce Labor from...
We've seen Volatility Smoked repeatedly since the 2020 Highs. One enormous Downtrend to fill the Lower Price Objective at 12.25. It has been a long and somewhat winding road on the path, as we have seen multiple retracements, some quite violent and unexpected in TIME. We suspect the same patterns will continue to repeat, although anticipating a break from the...
VXN's ST SMAs are curling back up once again after Teading the Lower Boundary. As NQ continues to Range between Support and Resistance, the SELL continues to perform @ Resistance. VXN has NOT Filled its Opening Gap @ 19.17.
When in doubt, Zoom Out has been suggested for as long as we have been trading. Alexandra reminds me of this tried and true Axiom when Counter-Trends Develop. Confirmation in the Weekly Time-Frame supports the BULLs, of this there can be very little doubt, it is a large falling wedge of extreme range. It looks terrible for the SELL. And yet we saw 1343 Ticks...
The NASDAQ Volatility Crush is advancing as Price has moved through the lower DOM Support. It will open Lower this morning after the Globex wire to wire Bid. AAPL is back above 142 signaling another Gamma Squeeze ahead of what will be disappointing EPS on the EPS Warning of 10 Million Shortfall in iPhone shipments. Again, ZERO mention of M1X/M2 rollout, an...
Never underestimate Wall Street. Although there is a clear break in the Absolute Correlation between the VXN & NQ as there is in VX as a Complex... one which can easily be observed... it is irrelevant, as the Trend Itself will re-assert as Price begins to clear VIX Roll into a settlement next week. Wall Street is positioning now. As we continue into a very...
We see how important the Ledge remains. We traded Support first thing this morning, this is where and when we Closed our NQ SELLs. The balance of the Day was SOH. The intent is clear, the Hourly was over-sold, the Weekly remains deadly. These are enormous ranges and again, IF there is not a high probability setup with a clearly defined trade plan. 9/10 its a...
Implied Price of options listed for the NQ. We see a clear change in the Trend for NQ VX. Globex is now increasing in VX as we see a 200 Tick Range for NQ since the Globex Open. Algos are simply running the Range capturing Ticks. AAPL is sitting on support @ 141 and with EPS dead ahead for the Indices - and an absence of EPS Warnings... Bombs should begin to...
Over 15 Months $4.7 trillion was added to the National Debt. The Federal Reserve purchased $2.442 trillion in US government bonds. US Central Bank monetized more than 50% of the US Debt during the first year of the pandemic. No single entity bought more US bonds than the Fed – Foreign Investors, US Banks, US Corporations, and Individual Investors. The Debt...
We have Objectives for VXN int he 35-40 Range into October - November. With Put Protection on Varying Instruments within TECH from Retail traders at one of the highest in Months in play, they will attempt tp squeeze protection as Crammer has once again led the sheep into the Dip. Institutions are concerned as they are UNABLE TO ATTRACT DEGENRATE GAMBLERS....
Interesting Price action at this Level as M1 Moves to settlement. This pattern has existed for 8 Months. One to watch as the Institutions are nervous.
Not a good sign for the HODLers of Tech, still early and EU Session close ahead. Up to the Usual Suspect to use $1.47 Billion in Kitty Cat Cash for the Squeeze. Wish them well..
A vix.plosion remains in trade, patience will reward holders to the 30s and then 40s as the coiled spring breaks and gives way to a large run to the upside. Cash/Spot VIX coming back into lower range with a 160 tick differentail. We need to see SPOT VIX trade into the 15s for our upside targets to begin their assault on BULLs. Blind sided by a bunch.