Moving up on declining volumes again, each successive squeeze
finding less participation.
Yesterday's open find a swarm of Put buyers @ the CBOE. They
became fuel for the Squeeze.
________________________________________________________
They attempted Revenge the remainder of the Day using Futures...
And remained fuel.
2X the beating.
________________________________________________________
Micro / Daily / Weekly Trendlines extends from ~ 4813 to well over 5000
depending on the Slope.
Viewing the 4813 as a ceiling, in all probability is unwise as the anticipated
squeeze to overthrow, is a favored tool.
What should have been a mild day, of ranging and consolidation into ALGO
Tuesday.... arrived on Monday.
The AI continues to mix it up into the Close of 2021.
Run and Gun into Friday where final squaring may provide some relief from
the relentless GRIND HIGHER.
__________________________________________________________
Good Trading as we chop out new ATHs in the ES with the heavyweight Techs
moving higher and higher.
finding less participation.
Yesterday's open find a swarm of Put buyers @ the CBOE. They
became fuel for the Squeeze.
________________________________________________________
They attempted Revenge the remainder of the Day using Futures...
And remained fuel.
2X the beating.
________________________________________________________
Micro / Daily / Weekly Trendlines extends from ~ 4813 to well over 5000
depending on the Slope.
Viewing the 4813 as a ceiling, in all probability is unwise as the anticipated
squeeze to overthrow, is a favored tool.
What should have been a mild day, of ranging and consolidation into ALGO
Tuesday.... arrived on Monday.
The AI continues to mix it up into the Close of 2021.
Run and Gun into Friday where final squaring may provide some relief from
the relentless GRIND HIGHER.
__________________________________________________________
Good Trading as we chop out new ATHs in the ES with the heavyweight Techs
moving higher and higher.
Note
4812s remain open after EU Session close.VXX came within 7 ticks of the 2021 lows @ 19.40
Scalpers range
Note
4764.25 Suppport
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.