Up and over the Prior 4 Day Hi/Lo after a rough end to 2021.
Channel off Time violated to upside as well.
OSC's picked up a little steam.
The usual 711 muggers were out without Masks.
A/D was another disaster @ -42.1
Summation Index remains VERY NEGATIVE
A/D Volumes peaked at 418
NH/NL @ ZERO
________________________________________________________
Overall, not looking good for the Techs, but the 711s will pillage
the village regardless.
It's the TECH ecumenopolis - a wall to wall concentration of the
over-valued Markets on the Planet.
Only the Raven will provide the wet blanket and as we indicated
over the weekend commentary, there are absolutely no signs of the
FED Balance Sheet contracting.
The Buyer of last resort is all in for now.
________________________________________________________
For NQ March Options:
Put Premium Total - $8,677,459.00
Call Premium Total - $25,804,860.00
Put/Call Premium Ratio @ - 0.34
Implied Volatility: 20.68%
Interesting - CSCO exceeded APPL CALL Volumes Today
Can't remember the last time this happened...
500 Seller Squeeze will be comical to watch from the sidelines.
FED Candy for the New Year - $9.7 Billion as we indicated over the
weekend would come into the Trade, it did and the results are
quite clear - Squeeze Cheese for Mice and the Men in Black.
Channel off Time violated to upside as well.
OSC's picked up a little steam.
The usual 711 muggers were out without Masks.
A/D was another disaster @ -42.1
Summation Index remains VERY NEGATIVE
A/D Volumes peaked at 418
NH/NL @ ZERO
________________________________________________________
Overall, not looking good for the Techs, but the 711s will pillage
the village regardless.
It's the TECH ecumenopolis - a wall to wall concentration of the
over-valued Markets on the Planet.
Only the Raven will provide the wet blanket and as we indicated
over the weekend commentary, there are absolutely no signs of the
FED Balance Sheet contracting.
The Buyer of last resort is all in for now.
________________________________________________________
For NQ March Options:
Put Premium Total - $8,677,459.00
Call Premium Total - $25,804,860.00
Put/Call Premium Ratio @ - 0.34
Implied Volatility: 20.68%
Interesting - CSCO exceeded APPL CALL Volumes Today
Can't remember the last time this happened...
500 Seller Squeeze will be comical to watch from the sidelines.
FED Candy for the New Year - $9.7 Billion as we indicated over the
weekend would come into the Trade, it did and the results are
quite clear - Squeeze Cheese for Mice and the Men in Black.