Kudos to MMs

If we lose 900 SPX and close below it, VIX will spike to 75+ in the next few days. Higher curvature and Implied Correlation will also contribute to premium.

nitro
 
Hearing Citadel down 55% year to date. It is in grave danger now, and we may see another redemption to delever further. They had one in gold that caught people by surprise a few weeks ago.

Best to stay alert the last few minutes of day...

nitro
 
Discipline says buy 900 SPX [for experts only]. But be ready to SAR. Next support below 900 is approx 882 to 885 SPX.

nitro
 
Quote from whodareswinston:

Please stop signing your posts.

Your screen name sort of gives us an idea re who is posting.

Thanks.

whodareswinston

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ok.
 
Quote from elovemer:

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Agreed. In fact, EUR.JPY and CHF.JPY trading at levels suggesting SPX should trade below 900.

As stated above, first support below 900 is 892 to 895. I don't think I will buy 900 since I am 90 delta I just SAR. Bond market closed may make the day slow torture.
 
The whole of 882 to 895 is a support area. If we go through 882, I would not go long with your money. We would be in grave grave danger of retesting the recent lows. I will buy 882 for a bounce, but with a quick profit target finger, and be ready to SAR.

Currencies appear to be lagging US SIFs now, instead of leading them. May be the holiday, not sure...
 
Currencies now trending. SIFs are in grave grave danger.

Gold message, YG - 14, makes it worse. This is a deflationary environment.

As expected there is a buyer in this area, but I think SIFs get hammered soon.
 
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