ES - 4 Hour AO - Not too bullish

2022年6月26日

Price is expending a large amount of energy.

Vertical Extensions paced by longer 4 to 6 hour
consolidations in Range to suddenly blast higher...

Doesn't qualify as "Bullish" - it simply illustrates
the Algos attempt to trap more fuel to squeeze.

Eventually, it comes back to further Gamma being
employed to move higher.

Q2 Eps Front Run is how it appears with lower lows
ahead.

Then we will Action by the Fed, of course, it will fail
as well.

For now, we'll be content to into Wednesday when we
can follow along the QT breadcrumbs being left.

10 Yr YCC isn't going to stick, eventually the Crims
will need to open the toolbox and begin to make
seme large adjustments.

No sane entity is going to buy their cesspool of MBS
and Corp Junk... it is suicide.

This charade may have a wee bit of wind to it, we're
still looking far lower for the Fall Classic.

Puts ladders will expand to 3% Monday, &% Tuesday
and by Wednesday we'll be north of 13%.

Hopefully, the VIX gives us a moderate retracement
to the 26s... follow Vixtene for those turns.