Going over volume shift on a contract roll over. I go through and show why a contract will roll over sooner than the calendar date.
CME_MINI:NQM2024 - PR High: 18696.25 - PR Low: 18678.00 - NZ Spread: 40.75 Key economic calendar event 08:30 | Durable Goods Orders Major decline prev session from ATH 19023.25 - Inventory settling at Tues - Wed lows - Front running 18600 pivot Evening Stats (As of 2:35 AM) - Weekend Gap: N/A - Gap 5/23 +0.23% (filled) - Gap 10/30/23 +0.47% (open <...
Update of the previous parralel channels post . So far both our channels have played out well, apart from the retest and rejection from our green channel. If the red channel plays out like the others we should start to see a steeper decline from this point on. 🤞 This would also fit the narrative of the cypher harmonic Iv been watching for (see other posts on my...
I try to use as many indicators as I can to experiment and learn from thier comecomes. Iv been using the parallel channel tool recently and I enjoy how simple but handy it is. To me, recently we broke down from a upward trending channel (green) and it looked to me as if I slight downtrending channel was beginning to form (orange) Yesterday we momentary broke...
Tomorrow is the big day Deltas conveniently sold back to 0 today when IV pushed the put above 15 delta mark. Here is what the delta curve looks like tomorrow at 9am. Not much upside possibility overnight. Downside still has significant risk of the long put strike being in the money. Should futures sell off overnight, I'm assuming any dips below 3580 will...
CME_MINI:NQM2022 - PR High: 13727.50 - PR Low: 13693.00 Evening Stats (As of 12:45 AM) - Gap: = N/A - Session Open ATR: 374.61 - Volume: 34k - Open Int: 230k - Trend Grade: Neutral - From ATH: -18.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 13500 - Short: 12390 Keep in mind this is not speculation or a prediction. Only...
YM1! The US equity market selloff in Q1 was pretty fierce due to a confluence of reasons. Even the large-cap stocks have entered Oversold territory, as suggested by the RSI on the E-mini Dow future. Since the middle of March, the equity market experienced a typical round of relief rally, coinciding with the Quad Witching, when a large amount of derivatives...
Following up on CJ wars, the three strong correlating currencies been heading down since the start of this month. JPY spearheading this, however it will be a matter of time and all three start their correlating avalanche. Hence UJ spiking imho. One odd thing, it's kinda out of season :)
Oil clearly took the up-ramp. Now as you can see CJ was playing pretty much playing a leading role on this chart, which spans from May last year. There have been three other occasions back in August and September last year where CJ dips before catching up with Oil. It signals a possible USD roll over, which often plays in the second half of the year. Should we...
We are beginning to see the effects of Roll Over take hold. We are one week from settlement. Ideally we want to see the VIX Cash/Spot complete the Gap FIll below.
I didnt upload for a few days because I thought I would spam my Account with bad analysis. But today i saw that we are starting to roll over after the rejected retest of the rising wedge. I think we didnt saw a "real" retest so the price went up to retest it againg and now we are getting rejected. The optimistic target is at 37k, but the bulls can also prepare for...
July Protection for Volatility was taken up to Sell M1 as we begin to see M2 (August) uptake 100% of the VXX M1+M2. Settlement will have, at minimum 98% front loaded into August M1. There will be the ever present Gap to close as there is every month. As the CASH VIX and July Contract converge for settlement, the Indices should range. We are looking for 12.30s...
Watch how July 7 JOLTS report has likely triggered an avalanche of traditional USD summer events ..
Gold likely to continue up from here, no longer confirming 1760. Yesterday's doji sort of did this imho.
Backed up by UJ Seasonality correlations across all majors and crosses this opportunity has now become of high probability. Having been held down for so long, CHF is more than ever ready to catch up with the losses incurred over the passed months even years imho
This is authentic USD power. Quick observation though... On the scale of days, nothing has changed and CAD is still facing its big correction down to underdog level where USD and JPY are waiting for another leg of their journey to the center of the earth.. To be continued.. Let's indeed not jump up and down yet.. JPY is packing that worldscale depreciation,...
UJ Seasonality reversal like in '17. Many signals from major and cross pairs. Probability as always, there is an almost equal chance for it not to happen. Happy trading!
Expecting UJ seasonality channel replay of late 2017 to follow with not much further delay as we are already returning from outer channel boundary down. Nonetheless expecting this downturn not to last too long and return back to the outer channel upper boundary to form an inner channel as visible late '17 and early '18. Looking forward and curious if this one...