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NEW BULL MARKET! SPX 4000 ahead


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#11 dTraderB

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Posted 30 August 2020 - 06:12 PM

Speculative options trading reached the equivalent of 12% of NYSE volume last week. Like some combustible combo of musical chairs, Russian roulette, and five finger fillet. How many traders can dance upon the head of a pin?


#12 dTraderB

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Posted 30 August 2020 - 06:17 PM

VIX still above 20. Crazy chart, unbelievable it is still up here!
Is VIX broken? Do it really matter in these markets? No? 

 

Investor positioning, combined indicator, accross many levels now at #extreme #greed. (4-Week Avg.)


#13 dTraderB

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Posted 30 August 2020 - 06:30 PM

BLOOMBERG:

Volatility Markets Brace for Election Drama Like Never Before By   and 
August 28, 2020, 6:00 AM EDT

One measure of hedging in the stock market is higher than at any point in the past three presidential elections. In the interest-rates market, implied volatility is well above levels reached in 2016 or 2012. And three-month implied volatility in the dollar-yen pair -- a classic haven trade -- has risen above the two-month tenor by the most in two decades, signaling demand for protection from turbulence near Election Day. 



#14 redfoliage2

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Posted 30 August 2020 - 06:49 PM

Depending on USD as the current rally is based on USD debasing ....................


Edited by redfoliage2, 30 August 2020 - 06:53 PM.


#15 da_cheif

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Posted 30 August 2020 - 07:05 PM

675 ono     watch the sky   .......lololol



#16 redfoliage2

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Posted 30 August 2020 - 07:19 PM

Depending on USD as the current rally is based on USD debasing ....................

ST USD is going to be up and down between 92 and 93 ..................



#17 Dex

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Posted 30 August 2020 - 11:22 PM

Good stuff.

Any guess on the downside target?

Doesn't this parabolic move end in a dramatic move?
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#18 dTraderB

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Posted 31 August 2020 - 06:51 AM

SPX can fall 10% without major technical damage to daily chart. SPX 3180 TO 3200 would be mu first major support zone

Good stuff.

Any guess on the downside target?

Doesn't this parabolic move end in a dramatic move?



#19 dTraderB

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Posted 31 August 2020 - 06:51 AM

SPOTGAMMA:
SPX call prices vs put prices mint new highs. https://t.co/TRnSOccHcJ

#20 dTraderB

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Posted 31 August 2020 - 06:52 AM

FROM MACROCHARTS:

$DXY momentum could be stabilizing new lows are being accumulated with quick upside reversals.

Sellers seem unable to maintain control, and the wedge suggests time is running out.

Watching this closely as September begins could have significant implications for Equities. https://t.co/7sN3rbyFQ2

Depending on USD as the current rally is based on USD debasing ....................

ST USD is going to be up and down between 92 and 93 ..................