In order to avoid the Dramas associated with these opposing forces - permit me to infer the extremes have never quite been this degree of a Cluster F_ck.
I am seeing 2 very distinct patterns within the Delta Squaring.
Both create immense Risk of what should be referred to as the Cascade Trade.
The over/under will depend on how aggressive the Operators become today, should they be unable to unwilling to support Price today, it is a very large Negative Omen.
There exists a Protection Trade well below and not above.
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