Unsurprisingly - the VX Complex continues to receive the Dirty Monkey treatment, showing a clear Negative correlation in relation to Price. NQ continues to perform feats of Mystery and Imagination to no ones real surprise, same game as yesterday, trap sellers at low once again only to reverse and Monkey Hammer them. It's becoming a farcical Daily Trade for...
5 Minute has a higher GF NQ remains hostage to Larger SELL until it lets up. TSLA Gamma Squeeze as they went all-in on CALLs again. ______________________________________________ Largely sloppy Day until EU liquidity it removed.
Compressed into a break, should backtest at some point OR it is off to new highs this week. TSLA filling its Gaps as Elon continues to sell another 237K Shares to complete the SUM SELL. Once the Wizzard of Odd lots finishes his Distro, there can be a some room to test the Range 792 - 1012. Interesting how the HODLs continue to HOLD - Tesla is almost wholly...
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...
The Apex is refreshed from a 1-hour Chart showing its Zenith in the lower 31s. What is fascinating about the VXN - imminent change in the index occurs when a Prior Range is broken and a Price Objective is Exceeded. This is followed by a rapid rise in the Index when it moves through after Backtesting. The Delta HEdge needed the lowest possible FILL for the VX...
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...
BAAF To my tired eyes... This appears Bullish as ALL F_ck. _________________________ Lets' get that 3%+ Drop on Evergrande Default. It's in the Wind. Multiple Confirmations from German Bond Holders as well as USA.
As Yields continue to Spike & Spook @ 2.28%+ Our Analogue for November 2019 may well come into Trade this Week. ______________________________________________ The Blown 30 Year Auction is weighing heavily on the Equity Complex. With $10.875 in Coupon Purchases, Yields keep giving Jerry and the Kids @ the FED... The FAT...
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...
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.
There is an explosive move setting up in VXN in the coming weeks. We can see the NQ and VXN moving down together in the Micro Timeframe as TNX moves higher, clearly the NQ is correlating more closely to 10Yr Yield. The VXN will simply trade into the "Catch Up" Phase ahead. ZB is hanging on, ZN is not being permitted to Break the 130.005, defended as if there is...
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...
The VXN has been extremely reliable. The range has expanded with NQ VX. The same cannot be said for the VX Curve and VIX as it correlates to the ES, the compression and clear attempts to collar it are evident. We should anticipate lower Prices for both Today. Tuesday's NQ/QQQ Put buyers were used and abused once again, buying lows and having no chance to exit...