Discover and read the best of Twitter Threads about #VIX1D

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The Bear's take:

•Unresolved Debt ceiling
•Friday's negative day and bearish candlesticks
• Several neg. divergences
•Leading stocks reversed
#VVIX bullish engulfing candle and #VIX1D daily higher highs higher lows points to more vol ahead
•GDP maybe ↓


The Bull's take

• Indices up week on high volume
•Buy the dip: Bullish action
•Volatility indicators are subdued
• $NDX, $FAANG, $SMH in good health
• $SPX, $NDX higher highs and higher lows
•Market broke out above resistance
•Breadth thrust last Wednesday

Our take

•Debt ceiling will be solved
#PCE will come lower
#GDP will be OK
•Breakout zone is likely to be retested this week
•Price is firmly in positive Gamma
•We remain cautious due to still internal market weakness

#ES_F #Options #Trading $SPY #SPX $SPX
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