TODAY IN THE MARKETS
$VIX
Down day for the #SPX, and the #VIX closed down -6.26% and below 20DMA
Yesterday: large bearish engulfing candle
Today: Continuation
Despite the lack of sync this looks like a bullish development for $SPX
#ES_F #trading $SPY $ES #options #VIX $VVIX
$XLF
#XLF was rejected at 20DMA
The sector remains above the 200DMA, and near support
For the October #SPX rally to continue it's necessary for #XLF to hold above $34.40
#trading #banks #options #ES_F $SPX $SPY $ES #DayTrading #Futures #inflation #ratehikes #Fed #Financial
$QQQ
It is in "the pinch", right between the 100DMA and the 20DMA.
One is support, the other is resistance
Let's see which side #QQQ comes out on.
It's still in the uptrend channel.
#NASDAQ #IXIC #NDX $NDX #NQ_F #options #trading #Futures #DayTrading #TradingSignals #SPX #ES_F
$SPX
Down day with lower volume
Rejection at 200DMA, support at 20DMA, another "pinch"
It's inside the rising channel with bottom band support at 3930 for tomorrow
Rejected also from trend line
But it's all about #Gamma
#SPX #ES_F $SPY $ES #options #trading #Futures $VIX
The #SPX stocks above 50DMA Index
Closed below 20DMA, but managed to bounce from support
Not the more bullish picture, but it's still looking OK
It closed at 78.5%. Closing below 63.5% would be extremely bearish
$SPX $SPY $ES #ES_F #trading #options #Futures #MarketBreadth
The #SPX stocks above 200DMA
It closed at 57.5%
Remains above the trendline, the 50% level, the 200DMA and the 20DMA
Continues to show good internal health of $SPX
#ES_F #options #trading #Futures #DayTrading $SPY $VIX #inflation #recession #BullMarket #bearmarket
#Gamma
$SPX #OPEX #Gamma
Tomorrow all the action will be dictated by MMs hedging large $Gamma exposure
Despite the big neg. stack size at 3950, pos. Gamma exposure almost doubles the negative one
#SPX achieved to close above the Flip point and 4000
Chart from @TradeVolatility #ES_F
Chart of the day
$BE #BE
We are choosing another green energy company today
Bloom Energy Corp
It broke above resistance today in higher volume
After moving up more than 11% it pulled back for a gain of only +5.92%, but still closing above resistance
A good long play
#trading
Short of the day
$PBR
Petroleo Brasileiro S.A. after breaking below 200DMA 2 days ago, it gapped down and closed below important support losing -9,86% today
It did so in very heavy volume
All in this chart indicates lower prices ahead
#PBR #Oil #energy #trading #options
unroll @UnrollHelper
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