So long and thanks for the fish!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 to open MOEX and thinks 10 billion (what usd?) is going to keep Russian equities a float.
MGA lost over 6Billion in market cap just for having a couple factories in Russia.
The effects of prolonged negative gamma are starting to show, but don't think hedge funds or market makers are suffering to much.
I would venture a guess that banks have been waiting since apr 2021 to buy the dip.
There will likely be a thrust lower to fill the apr 5th gap between now and April 1st.
trade safe. stop blowing shit up.
