NASDAQ Volatility Looking to Come Down to a 1.13 ExtensionWe have an Ascending Broadening Wedge with a Confirmed Partial-Decline and Hidden Bearish Divergence and a Potential Bearish BAMM Shark that is targeting $10.2657 on the NASDAQ Volatility Index.
Nasdaqvolatility
VXN - 2019 AnalogueThe VXN Setup up an Unseasonal Decline in 2019.
Erasing a 3%+ in a similar Structure to what we are
Observing now.
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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
VXN - NQ Volatility / 30 Day VX ExpectationsImplied Price of options listed for the NQ.
We see a clear change in the Trend for NQ VX.
Globex is now increasing in VX as we see a 200 Tick Range
for NQ since the Globex Open.
Algos are simply running the Range capturing Ticks.
AAPL is sitting on support @ 141 and with EPS dead ahead
for the Indices - and an absence of EPS Warnings...
Bombs should begin to drop as Q3 was dismal, to be kind.
AAPL's delayed M1X rollout and M2 rollouts will have left a large
hole in 11% of the Company's EPS, iPhone lackluster demand for the
13 isn't going to assist.
The marginal iMobbers are tightening their spending significantly.
10Yr Yields will continue to provide a stiff headwind for everything
as DEBT issues compound into the 18th.
We should anticipate some Media Swings with respect to the Administrations
Agendas and Fiscal Malaiese.
The SMH continues to SELL as TSM & ASML remain @ Risk.
GOOG will enter the Mobile market with its Tensor Chips with
impressive advancements for the Pixel 6 and Pixel 6 Pro.
Samsung's Exynos 5nm chipset centered on the AI-boosting TPU and
a great many improvements for Google Fi as well. A true International
Phone is arriving Mid-October.
Alphabet is hoping to capture Market Share and we believe they will.
One Plus was our go-to for several years as they simply outperformed
everyone else until the Oppo integration.
We are switching to Pixels later this year and moving all services to Fi
as the Service is straightforward and with fully integrated Carrier
Switching... a near-perfect arrangement.
Apple's latest offering, a shallow one imho.
Although Budget offerings from Mint Mobile will see uptake, where it
counts, Fi will begin to gain share slowly until they are able to
scope/scale for a lower tier.
Chip shortages are going to wreak havoc once the Retail herd understands
how dramatically sales have gone El Cliffo.
VX is going to increase again, as uncertainty begins to unfold in a far more
dramatic fashion.
