Bears don't get to convinced a sell off is near. Bulls will be buying the dip for the entire next year. 4K is the level, premium the harvest. ---- In this idea I present to you a level everyone should be aware of because my prediction is that we will end 2023 around 4k. I was browsing the SPX options chain for 2023 and 4k is by far the highest open interest...
You know why we are here. I'm a trafficker of information, I know everything I can. The question is. Do you know why you are here? We are looking for Bill Hwang. This is not a reason. This is not a why. You are here because you were sent here. You were told to come here and you obeyed. Ha ha, it is of course the way of all things. You see there is only...
Hard rejection from what I call the Archegos Gap. The Archegos gap is a gap up created in SPY during a rally after the infamous HF collapsed and the FEDs RRP which is still climbing to historic levels. The gap was finally closed in May, only to open a gap down in June that was just barely filled last Friday before selling off to where we are now. I had a...
With todays rally from the lows, investors dumped oil and ran to tech. ARKK Finally hit bottom in search of hope? SPY is in harmony at 370/380. Key Area support at Archegos event horizon. This is setting up to be a short squeeze higher in tech for names like AAPL China Tech names have been channelling higher with names like TME riding the top +2 STD...
There is getting to be a solid case for a significant move lower between now and the end of the month. The Hang Seng index broke down below March 2020 lows A Gap in SPY/SPX from Apr5th 2021 is looking to get filled, the same gap when the Overnight RR broke out. You know.. right after the prime brokers threw Archegos under the bus. Russia is still afraid...
Here is the first game. You'll be playing Red Light , Green Light . You're allowed to move forward when "it" shouts Green Light . Stop when "it" shouts Red Light . If your movement is detected afterward, you will be eliminated. Those who cross the finish line without getting margin called will pass this round. ... I will now repeat the rules. Not...
As much as big banks want to sweep Archegos under the rug I don't think it's going to go away.