Market Breakdown–
–All time high to breakdown and back
–Intraday Ranges/Realized vol explodes
–Bonds on the back burner
–Call volume explodes as retail fights back
–Oil indicative of the economy to come?
–Dollar on the verge of breakout
–China
Big Price Action–
–financials
–energy
–tech holding it together
–MSFT, NVDA — gamma gone wild
FED–
–loud and clear, we have taper talk
–Jackson Hole
SPX weekly EM vs one day movement
SPX Expected Move
–last week EM– 49.97
–next week– 67.73 expected move
