Long

When the world is bearish we do the opposite.

So today I got thinking of the direction of the economy and how things could potentially play out. While the world is ready for war and fear is at it’s all time high. The markets liquidity is dried up and without a doubt record participants in puts and in shorts in the market this could be an easy set up for market makers to squeeze the market and burn premium. I have SPX bouncing off an upward trend with a possible continuation higher looking at all emas but focusing on it coming back up to touch the 200 on the hourly within the next week or to before further rejection to the gap fill at $400. With that being said Monday morning could touch and test $410 again before that bigger squeeze to the 200 ema. Also any good news from the war front could amplify this and make a violent squeeze going into quad witching.

thomson16

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