MES1! I wouldn't go bullish just yet. its rejecting from it's trendline, and a bounce like this was expected after the huge drop last week. For now I'm in puts. If it breaks the cross I'll change my mind.
ES1!SPY its simple and clear as day, value has rotated higher and will edge towards 6000, it likes current price and will buy it up. don't overthink it and keep it simple. there's no mass market sell-off like before. stop the doom and gloom thinking.
SPYES1! Futures Pumped tonight from weak shorts and is now selling off. the tiny green bars are FOMO and more weak shorts exiting. we should expect the same to happen to spy and SPX tomorrow assuming smart money is distributing their longs. no reason to hold them moving forward let it die
ES1! i wonder what smart money is going to do here in 30 minutes. i mean holding spy at this lvl is obvious manipulation so they gonna rally up squeeze out puts then drop or hold it to capture both sides or just fall apart. we'll see
a majority of investors believe the market is going down.
you can see the moments where they enter and exit calls and puts. you can also get a general feel on the tape over 100k shares or more.
all the calls are unreasonably expensive because of the gamma squeeze.
Monday it will chill and maybe ding 6000 but i think once enough puts fall off the ship and more calls climb up in OI it gets waxed as well.
the market is still bearish you retail did not bring the market up. there hasnt been good news all week. we're getting hot reports. and next week starts tariffs.
ES1! i know i said i'm done for the day, but i saw it dipping back to my level of 5884 and couldn't resist. Perfect trade. That was beauty. That break and retest from 40 min ago gave me at least 7 trades. SPYQQQNQ1!