I apologize for not posting much lately. Work is getting busy and I'm busy most nights creating The Grid. I'm going to make my indictors available as soon as I figure out how to only make them available for Grid members. In the meantime, I wanted to bring up something that caught my eye last week. I couldn't understand why many furu were buying puts and...
The 2022 March low is a massive bull trap, signaled by trend breaks and a monthly RSI divergence. The setup here reminds me of 1987. Check out the Sqzme DIX index to see the balance of OTC transactions (Over-The-Counter trades, conducted by hedge funds, banks etc). DIX indicates a bull trap to a scale not seen in over 10 years. Heavy OTC buy-side initiation...
Data from Squeezemetrics "When DIX is high, it means big money/dark pools are buying. (red Circle) When DIX is low, it means they are selling. When GEX is a high number, it acts as a brake When GEX is low , it acts as an accelerator." So Dix means big money is NOT buying right now, pretty obvious. They are telling you otherwise though; "YEARS END RALLY"...
SPX looks bullish even though GEX is up and DIX is down, similar to september sell off.
I had to restrain my middle school level humor a bit here... professional traders don't laugh at DIX jokes. TView gods, if you're listening, please integrate SqueezeMetrics data for charting (I'm having to use Paint over here guys): squeezemetrics.com Got a couple homies in my DMs who love the DIX just as much as I do so figured I'd post about it in case anyone...
Got a tip that led me here: squeezemetrics.com Then had some fun playing with lines: ibb.co I don't put too much weight in any given strategy, preferring to average them all against fundamentals but holy shit was I surprised when after diving in from scratch to map the empty chart, it actually turned into a terrifying, accelerating and rising wave that's looking...