VIX - Trade Plan for VOL CRUSH ReversalBuy J U N K, chase green bars, chase false overthrows...
Patience, Analysis, Temperament, Constitution of
Trade Plan - Probability favors all.
BTD chasers.
We'll happily take the opposing trade and here it is:
Volatility Crush Reversal
VIX Curve - ON Gap Fills of VIX Cash/Spot & VX Curve
we will have completed inverse ladders on the following
Positions:
VXX 5K - Objective 20K Position, Projected lows into Wednesday ~ 25.08
Trade Structured INV LDR @ 25.68, 25. 36, 25.12, 25.06.
VX Curve: M2 - 0 Position / Objective 5K
VX Curve M3 - O Position / Objective 5K
VX Curve M4 - 0 Position / Objective 2.5K
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SMH/TECH Extension to Target & Top Tick 7-9 Large Cap Prop
SOXS: 40K Position / Objective 60K
NQ: 0 Position / Sell INV LDR to 15363 overthrow
TSLA - 50 @ 720 Nov Puts / Objective 100 to 780
Hedge only on Gamma FM Only, Theta not an issue
Shares 400 / Objective 1500 INV LDR to 780
AMC/GME - Digging in to kill the roll
AMC - Position Objective 12.5K to 37.88
GME - Degenerates are eyeballing 300 GF, no fill until 2022
Collar at 195 Strike out through November.
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Financials
ZB - 0 Position, TLT Gap Fill ahead
Wednesday Fed minutes for entry
ZN - 0 Position, TLT Gap Fill ahead
Wednesday Fed minutes for entry
TLT - 0 Position, Gap Fill ahead
Wednesday Fed minutes for entry
NQ BANK - Observing Bank as RTY ES
will catch the head fake for entry.
Financials will drive ES RTY YM Entries
Hedges will be Large Micro CTs in Bracket,
OCO form for high turn entry/exit - Hedge ONLY.
Powell - Still Thinking about...
*Clarida - Taper could begin later this year
Quarles - See's Taper discussion coming into view
*Brainard - Echoes Taper discussion for September
*Waller - Reduction of Bond Purchases in October
*Bowman - Policy Statement Support ahead, Hawkish
THE BOG HAS TURNED HAWKISH.
Events:
ALL BOG Members voted for/supported:
Individual capital requirements for all large banks, effective on October 1, 2021
$1 Trillion
CBCD central bank digital currency Policy Objective
Enforcement actions have been tailored to NY/NJ Banks, epicenter of US Finance
DX
CPI @ +99.4% - Looking for Hot 7% TomorrowThe Inflation statistics are heavily skewed with the potential for a large
surprise in store for Chasers.
DX, BONDS, FX, YIELDS appear to have the scoop.
Insiders buying Puts in SIZE.
Crude Oil trade for entry 57-61s after this next retracement.
Economic Activity is slowing to a crawl.
Spending collapsing.
FED wants you to BUY STOCKS.
VIX Shakeout.
Trade Safe, we're
DXY - When the Wind Blows, the unwashed Laundry wafts INNational Currencies in the European Union?
Hmmm... Good Luck in the Short Run, the disarray will
be compelling viewing.
European officialdom is now reeling from THE outbreak of apostasy
within its own ranks.
Adios Angela and a subtle reminder of 2010:
" It is an existential test and it must be overcome ... if the euro fails,
then Europe fails,” she said
11 Years later and she has one foot out the door.
Failure, it appears was THE option.
The disintegration of the EU due to financial panic on international markets
will spread contagion to the United States.
America’s $30 trillion debt load from Obama to Biden, the burden has become
rather large.
The Largess is not to be easily contained. American banks will see trillions
of dollars in losses due to credit exposure within Europe's Financial Edifice.
Deutsche Bank AG readily comes to mind - the Zombie Bank eating the brains
of it's Depositors is overdue.
The very solvency of the entire American financial system will be tested without
remorse, regret nor remediation in a timely fashion.
What of Uncle Buck?
It is safe to assume, yes safe - Inflows into the Dollar and US Assets would flow from
Europe, Asia and about any piece Sovereign on our little blue ball in space and time.
Will it, it will it result in the (and I hold immense disdain for this term) GREAT RESET.
Stay Tuned intelligent observers, we maintain everyone loses a Hand.
Head And Shoulders Pattern - Weekly Chart - Dollar IndexChart shows the possibility of the Head And Shoulders Pattern on the weekly chart and the target.
Chart also shows the highly dynamic support line which was broken and not re-tested in 2014 and could be the target before any reversal in the trend.
Head and Shoulders marks the bear market and the neckline has already been broken and re-tested.
In my opinion, the Dollar will now be losing power very quickly.
You can see potential EUR / USD and GBP / USD targets at the links below.
Dollar Inverted Head and Shoulders into Possible Cup & HandleHere we have several bull patterns on the dollar futures.
First we established and broke out of a bull pennant, Then we moved onto another bullish pattern, inverted head and shoulders, and now we've developed a cup. Is this a handle that formed on the cup?
Whichever way you look at it, this is very bullish price action on the dollar.
What I'm looking for is the price to break through resistance and into the blue channel while flipping the resistance into support and ultimately capturing the top of the blue channel.
ICEUS:DXY
Time for the USD to rise...Previous talk about USD destruction, etc. have come a long way, and the USD indeed has devalued due to fundamentals. However, it broke out of a falling triangle/wedge, tested and is on the break out. For whatever reasons, the skew in the markets have pushed the USD too far down, and it is time for a USD rise. Clearly, sparked off by fear and such... so much so that bonds, precious metals and crude will be affected.
In retrospect, in mid-September, the signal was given as a preemptive warning.
Now, it is in a true breakout and should have its effect on dropping Gold and precious metals such as Silver. Crude would suffer. Bonds should be in good demand, etc.
Technically, the MACD (middle panel) is already showing support. The BMT (lowest panel) showing the relative strength and momentum is also breaking up with gusto, in good support for a size-able run up.
The USD Index is about to have a massive run up towards the end of the year, targeting 102 possibly, based on chart pattern break out.
weekly analysis of DJ EURO STOXX 50 FUTURES Hi friends
the weekly chart of this market shows that it will know with a high probability after the breakout at the level that the next target is 3447
therefore in the medium term there would be an upward trend
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weekly analysis of ABBOTT LABORATORIES Hi friends
the weekly chart of this market shows that it will know with a high probability after the breakout at the 85.06 level that the next target is 115.31
therefore in the medium term there would be an upward trend
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weekly analysis of TURKISH LIRA/JAPANESE YENHi friends
the weekly chart of this market shows that it will experience with a high probability an uptrend in the coming days but it is also necessary to be vigilant of reversal of this market towards the opposite one.
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