Market Update--
--Selling is proliferating - A/D line
--Dollar break-out signals risks ahead
--Holiday week could hold heavy trade
--Trading firms moved to Covid protocol
Volatility--
--I am NOT feeling the fear- dead VIX
--vol futures in big contango
--skew is low relative to recent moves
--VVIX remains in never never land
Breakdown--
--FED has your back NO more!
--premium sellers be warned… risk could become extreme
--dip buying IF viable must be defined risk
--crypto is now moving with NQ
SPX Expected Move --
--last week -- 79.63 (expected move)
--next week-- 87.85
1 Comment
RON
December 18, 2021You must be mainlining coffee. I agree with you about the market's current situation. But, I been feeling that for over a year. Good scalping market.