Paint dries quicker. Slow grind to Fill these Gaps with no new NQ High. LAage Divergence with Extension to 17.55 and 17.15. Amazing. NQ cant hold 16500 with the Fill, weak but there's lower VXN targets and Put buyers on CBOE @ open Completely SMOKED again.
Yesterday Put buyers were chased away. The VXN held above the Gap FIll the entire Day. The NQ used it for fuel as those who were blown out of Puts... placed the Revenge trade all day only to be squeezed time and again. ____________________________________________ Gamma Vs. Resistance for CASH as Buyers are limited to Writers needing to Delta Square again.
Unsurprisingly - the VX Complex continues to receive the Dirty Monkey treatment, showing a clear Negative correlation in relation to Price. NQ continues to perform feats of Mystery and Imagination to no ones real surprise, same game as yesterday, trap sellers at low once again only to reverse and Monkey Hammer them. It's becoming a farcical Daily Trade for...
We've seen Volatility Smoked repeatedly since the 2020 Highs. One enormous Downtrend to fill the Lower Price Objective at 12.25. It has been a long and somewhat winding road on the path, as we have seen multiple retracements, some quite violent and unexpected in TIME. We suspect the same patterns will continue to repeat, although anticipating a break from the...
The NASDAQ Volatility Crush is advancing as Price has moved through the lower DOM Support. It will open Lower this morning after the Globex wire to wire Bid. AAPL is back above 142 signaling another Gamma Squeeze ahead of what will be disappointing EPS on the EPS Warning of 10 Million Shortfall in iPhone shipments. Again, ZERO mention of M1X/M2 rollout, an...
Implied 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...
Over 15 Months $4.7 trillion was added to the National Debt. The Federal Reserve purchased $2.442 trillion in US government bonds. US Central Bank monetized more than 50% of the US Debt during the first year of the pandemic. No single entity bought more US bonds than the Fed – Foreign Investors, US Banks, US Corporations, and Individual Investors. The Debt...