Market Price Action and Volatility–
–Big Moves, tight range (ATR is flyin’)
–High Probability Range will be broken in forthcoming days
–Low VIX indicates range complacency
–earnings will take a back seat until BIG Tech
Levels of critical concern–
–Fear and Loathing under /ES 4500
–Hold /NQ 15600 or drop 1k points!
–the ARKK effect
Risk Factors to Equity Markets-
–inflationary readings
–Oil prices
–Bonds selling off / rates rising
–Crypto decline spilling over
–lack of correlation
–low SKEW- 133.85
SPX Expected Move —
–last week — 75.98 (expected move)
–next week– 85.74 (4 day trading week)
