This could be a smart play. I am expecting a little corrective move in the NQ into the beginning of Q4. I am focusing on the Dow at the moment, because MOMO of the ES should grab the YM by the horns and pull it up.
How dest is playing the NQ short with the other myriad option tools at his disposal for hedging I do not know.
But the NQ seems ripe for a pullback.
The divergence of YM from NQ I thought would have ended a month ago, but it has persisted.
