more buying this afternoon in the nasdaq. thinking out loud a bit here but 4/19 market bottomed on war news + OpEx.
today Israel Lebanon strike in the middle east. same conflict from back in April...
something similar is playing out here. sentiment is the worst I have seen it,
go look at the hourly spreads in the bear gap on $SPY this morning
what high was swept there?
all you needed to know today
this week has been unlike something I have ever seen
we knew it would be volatile to start the week
multiple mag 7 reports, FED meeting, and Jolts
Christ is king.
The divinity of Christ is one of the most beautiful things to observe as a young male.
He was radical in his rhetoric in the New Testament.
Opposed all establishments and systems before him.
Turned non-believers into followers.
Made the blasphemous claims
free soss
If you want to take reversal setups, don't look for the stocks that are down the most on the session.
Find stocks that are failing to displace swing lows on the hourly.
$NVDA is a good example of this.
sell options you fucking moron
derivatives are a direct reflection of the distribution of outcomes the market is currently pricing in
direction is not two-sided
direction is associated with depth
during market extremes, premiums are often heavily right-skewed
buying