Short
Is this 2011 all over again?! $ES_F
Quoting Blankfein " Investors should always prepare for the most extreme risk scenario because it will happen..."
well then what could be the most extreme scenario?
w/o underestimating the huge impact of POMO in saving the day each time the mkt tries to fade we can notice that:
1)There are high chances that we are on the head of a potential H&S, that could be very similar to the 2011 action
2)Like in 2011 shrinking volumes are not buying the rally as well as commercials finviz.com/futures_charts.ashx?t=ES
3)NEG DIV are in place
4)Nikkei down 1,000 points in less than 5 days
5)Notes highly correlated with Gold (at record net short values) are about to b/o the neck of H&S inv
Conclusions:
In each case caution. hedges and stops always in
well then what could be the most extreme scenario?
w/o underestimating the huge impact of POMO in saving the day each time the mkt tries to fade we can notice that:
1)There are high chances that we are on the head of a potential H&S, that could be very similar to the 2011 action
2)Like in 2011 shrinking volumes are not buying the rally as well as commercials finviz.com/futures_charts.ashx?t=ES
3)NEG DIV are in place
4)Nikkei down 1,000 points in less than 5 days
5)Notes highly correlated with Gold (at record net short values) are about to b/o the neck of H&S inv
Conclusions:
In each case caution. hedges and stops always in
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.