Dow Jones update:— The Great Martis (@great_martis) October 13, 2021
NOT long to go .
Beautiful and scary at the same time.
The Diamond top is beautiful to watch in its development stage. pic.twitter.com/HwFTfdWlWj
"The markets are trying to bottom." pic.twitter.com/OhCKh0GKMw— Rudy Havenstein, punching up. (@RudyHavenstein) October 13, 2021
This ratio of call delta/put delta typically corresponds with large draw downs in the $SPX $SPY. S&P is ~5% off 9/6 highs of 4547 - curiously dip buyers are suddenly absent. pic.twitter.com/xBGAYb8sHK— SpotGamma (@spotgamma) October 13, 2021
US Yield Curve flattens a bit as gap between yields on shorter- and longer-term Treasury's narrowed after inflation data. 2s/10s yield speeds drop by 6bps w/US 10y yields fell 3bps and 2y yield rose 3bps. pic.twitter.com/zlNYABzE0O— Holger Zschaepitz (@Schuldensuehner) October 13, 2021
Run-away Gap at 4020-4035: (1) see the big hand on the chart: it points to a VERY RARE occurrence for a major index daily chart--a run-away gap. (2) the space & price btw 4020-4035 on SPX cash has NEVER BEEN traded. (3) not to mention it is 61.8% from Oct. low--a good target, IMO
w-b of W-C? (1) the downward momentum is waning, and needs some recharge. (2) on my 30-min chart, it is also about time for a rebound to touch the upper resistance line, roughly 4380-4390. (3) if so, that zone would be the perfect reloading area for bears.
Good for 30+ points: (1) so far, the V-shaped small b-wave seems correct--it ran to 4373 after my last tweet; (2) still some room on the up-side, ideally hitting the dotted line then back down. Also, timewise, the better turning window would be Friday. (3) VXX calls are cheap.
Recall how liquidity appeared to be improving? Note how market depth in equities has once again started diminishing. The break in asymmetric positioning behind that realized vol compression has forced significant reflexive deleveraging from vol sensitive systematic flows recently https://t.co/5QF75cAq42 pic.twitter.com/EFYQaVpzdk— Stretching Spreads (@FadingRallies) October 13, 2021
Fed’s target is price instability pic.twitter.com/iQFRqzuHw4— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) October 13, 2021
Joe And Hunter Biden Shared Bank Accounts, Paid Each Other's Bills https://t.co/mvznQ1tlEQ— zerohedge (@zerohedge) October 13, 2021