NQ - 1 Hour & 4X Friday - By the Numbers
The NQ has become highly Technical, far more so than
the VXN.
VX is clearly swinging wide, while the VX ARB remains
very compressed.
_______________________________________________
The media continues to tout 4800 ES as the Ranges expand.
Interest Rate sensitivity is affecting the RTY & NQ far more
than the YM and ES.
The Big 7 remains the leader with numerous Gap Fills being
challenged.
________________________________________________
Stimmy's now an adios rearview mirror trade, Biden's tout
was quickly taken away.
Weekly / Monthly remain in extreme Neagitve Structure.
Looking forward - High Growth, High Value Equities are
coming off their respective Ledges.
APPL AMZN NVDA MSFT TSLA GOOGA GOOGL FB - Negativre Strustures.
AAPL took a 7% hit, AMZN dunked, NVDA spanked.
Knife catchers have given up, as even they see Market Breadth
collapsing as the broader participants are being destroyed,
Mid Caos were smoked, it's Big Caps' turn.
__________________________________________________
The Meta-Verse - new new new Economy... remains a VR Goggle,
rose-colored.
GEN z / Milli "Journey" bumpy road, Over 55 crowd is focused on
Old School Industrials.
ARKK left for dead.
Meme, Yolos, Reddit - bomb from the back of the room.
the VXN.
VX is clearly swinging wide, while the VX ARB remains
very compressed.
_______________________________________________
The media continues to tout 4800 ES as the Ranges expand.
Interest Rate sensitivity is affecting the RTY & NQ far more
than the YM and ES.
The Big 7 remains the leader with numerous Gap Fills being
challenged.
________________________________________________
Stimmy's now an adios rearview mirror trade, Biden's tout
was quickly taken away.
Weekly / Monthly remain in extreme Neagitve Structure.
Looking forward - High Growth, High Value Equities are
coming off their respective Ledges.
APPL AMZN NVDA MSFT TSLA GOOGA GOOGL FB - Negativre Strustures.
AAPL took a 7% hit, AMZN dunked, NVDA spanked.
Knife catchers have given up, as even they see Market Breadth
collapsing as the broader participants are being destroyed,
Mid Caos were smoked, it's Big Caps' turn.
__________________________________________________
The Meta-Verse - new new new Economy... remains a VR Goggle,
rose-colored.
GEN z / Milli "Journey" bumpy road, Over 55 crowd is focused on
Old School Industrials.
ARKK left for dead.
Meme, Yolos, Reddit - bomb from the back of the room.