Last few days we crossed a lot of resistances getting into a bullish momentum, I knew we would drop Monday just to form a bear trap, Dark Pools print volume has been increasing since last week, 2,4 Billion Print last Friday at 381, right where the market fell on Monday, same thing here, 3 Billion Print today at 391, could be a sell, but we can't know for sure. It doesn't mean we gonna drop, it usually creates a supp/resistance whatever it actually is.
Tons of PUTS have been placed last month, lot of them around 19th August, also September.
Expect the unexpected, the market is rigged, bad news is good news, but it will keep working untill they decide it isn't.
What I think we are up to:
- We are getting into that 401 gap.but the path itself feels extremly bullish, lot of money has been placed around it.
This huge sell off will probably happen later since everyone is aware of it.
We've had important dates all month, but MM's didn't want it to drop in price yet. These increases are being done by big money, not retail. Also consumer sentiment it's still very bad. The earnings for banks were terrible, 9,1% CPI, low guidance from blue chip companies, and some of them missed their targets.
What I think will happen next:
- That bull momentum keeps rising to 420+ (no sense at all like this ride)
- We leg down once we fill 401 gap, after some choppy days.
**Not financial advise**
Tons of PUTS have been placed last month, lot of them around 19th August, also September.
Expect the unexpected, the market is rigged, bad news is good news, but it will keep working untill they decide it isn't.
What I think we are up to:
- We are getting into that 401 gap.but the path itself feels extremly bullish, lot of money has been placed around it.
This huge sell off will probably happen later since everyone is aware of it.
We've had important dates all month, but MM's didn't want it to drop in price yet. These increases are being done by big money, not retail. Also consumer sentiment it's still very bad. The earnings for banks were terrible, 9,1% CPI, low guidance from blue chip companies, and some of them missed their targets.
What I think will happen next:
- That bull momentum keeps rising to 420+ (no sense at all like this ride)
- We leg down once we fill 401 gap, after some choppy days.
**Not financial advise**
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