Read on Twitter
monitor below chart closely.
$NQ just re-tested the lower support level
$NQ low = 11,598
they can't allow to plunge below 11,600 level.
otherwise, tomorrow bloodbath.
see below Support & Resistance levels
super accurate
stop-run levels on both sides: bulls & bears
https://twitter.com/kerberos007/status/1318918295714750464
$NQ just re-tested the lower support level
$NQ low = 11,598
they can't allow to plunge below 11,600 level.
otherwise, tomorrow bloodbath.
see below Support & Resistance levels
super accurate
stop-run levels on both sides: bulls & bears
https://twitter.com/kerberos007/status/1318918295714750464
$NQ support & strong resistance levels
4-hr chart since Aug
$NQ above 11,600 = strong support (late Aug)
once breaking down below 11,600 (in Sep), then
it became strong resistance
then,
once it breaking above 11,600 (in Oct), it became strong support
super accurate TA?
4-hr chart since Aug
$NQ above 11,600 = strong support (late Aug)
once breaking down below 11,600 (in Sep), then
it became strong resistance
then,
once it breaking above 11,600 (in Oct), it became strong support
super accurate TA?
$NDX (not $NQ)
$NQ futures has ON real volume
$NDX is an index; there is no real volume
$NDX volume is approximated by aggregating volumes from individual component stock using weighted avg
not 100% accurate, but close for our purposes.
below: use your imaginations
$NQ futures has ON real volume
$NDX is an index; there is no real volume
$NDX volume is approximated by aggregating volumes from individual component stock using weighted avg
not 100% accurate, but close for our purposes.
below: use your imaginations
$GC = $Gold futures.
Magnet = 1900
liquidity hunting everywhere.
a chart is worth a million words.
no comment needed.
Magnet = 1900
liquidity hunting everywhere.
a chart is worth a million words.
no comment needed.
FWIW:
$NQ: E-mini NDX-100
Oct 30 expiry: next Friday
Max Pain: 11,700
#NQ is too volatile and OI is very thin;
mostly, short-term speculators.
so, Max Pain changes daily, and is not reliable.
$NQ: E-mini NDX-100
Oct 30 expiry: next Friday
Max Pain: 11,700
#NQ is too volatile and OI is very thin;
mostly, short-term speculators.
so, Max Pain changes daily, and is not reliable.
#S&P500 sector PCR analysis - leading
$SPY, $QQQ &
$XLK, $XLY, etc
2.5 yr data
1 sum calls & puts for all component stocks in the index/sector
2 cal aggregate PCR for the index/sector
3 cal 2.5 yr correlation b/w sector price & sector PCR
4 ranking in the next post
$SPY, $QQQ &
$XLK, $XLY, etc
2.5 yr data
1 sum calls & puts for all component stocks in the index/sector
2 cal aggregate PCR for the index/sector
3 cal 2.5 yr correlation b/w sector price & sector PCR
4 ranking in the next post
Aggregate component stock PCR corr ranking
aggr PCR & QQQ/SPY price corr (2.5 yr)
1 QQQ-103 stks=-62%
2 SPY-502 stks=-60%
3 $MTUM stks=-59%
4 $XLK=-57%
if just include the top 10 stks in QQQ PCR,
the correl b/w PCR & QQQ price is even higher(-ve)
QQQ stk PCR= leading ind
aggr PCR & QQQ/SPY price corr (2.5 yr)
1 QQQ-103 stks=-62%
2 SPY-502 stks=-60%
3 $MTUM stks=-59%
4 $XLK=-57%
if just include the top 10 stks in QQQ PCR,
the correl b/w PCR & QQQ price is even higher(-ve)
QQQ stk PCR= leading ind
In other words
the OTM call strategy works
the higher the QQQ-103 stock call buying, the lower the QQQ-103 PCR, pushing QQQ price higher
but, when at extremes, it became the best Contrarian ind ever
STFR FOMO/Euphoria/greed extreme
BTFD fear/capitulation extreme
the OTM call strategy works
the higher the QQQ-103 stock call buying, the lower the QQQ-103 PCR, pushing QQQ price higher
but, when at extremes, it became the best Contrarian ind ever
STFR FOMO/Euphoria/greed extreme
BTFD fear/capitulation extreme
$SPY OI, OI PCR and Max Pain for all the Options Expiry series.
as of Friday, 2020-10-23
with closing price for reference.
up to Jan-2023 leap options
as of Friday, 2020-10-23
with closing price for reference.
up to Jan-2023 leap options
$QQQ OI, OI PCR and Max Pain for all the Options Expiry series.
as of Friday, 2020-10-23
with closing price for reference.
up to Jan-2023 leap options
as of Friday, 2020-10-23
with closing price for reference.
up to Jan-2023 leap options
$SPX OI, OI PCR and Max Pain for all the Options Expiry series.
as of Friday, 2020-10-23
with closing price for reference.
super bearish in SPX monthly options.
hint: hedging.
as of Friday, 2020-10-23
with closing price for reference.
super bearish in SPX monthly options.
hint: hedging.
$NDX OI, OI PCR and Max Pain for all the Options Expiry series.
as of Friday, 2020-10-23
with closing price for reference.
as of Friday, 2020-10-23
with closing price for reference.
$GLD ETF OI, OI PCR and Max Pain for all the Options Expiry series.
as of Friday, 2020-10-23
pinned to 178.5 to 180 for next few OpEx.
high OI volume OpEx series have massive call OIs (low PCR)
as of Friday, 2020-10-23
pinned to 178.5 to 180 for next few OpEx.
high OI volume OpEx series have massive call OIs (low PCR)
$HYG ETF OI, OI PCR and Max Pain for all the Options Expiry series.
as of Friday, 2020-10-23
massive put OIs (high PCR) across the board.
pinned to 84.5 to 85 for next few OpEx.
as of Friday, 2020-10-23
massive put OIs (high PCR) across the board.
pinned to 84.5 to 85 for next few OpEx.
speaking of HYG
IEF:HYG ratio (credit) & $VIX correlation
extremely HIGH in times of stress, fear, VIX spike
especially just before Feb & Mar pandemic
in both times $VIX spiked before credit spread
$VIX always knows; as good as $PCR, $JPY & $Gold
this time is different?
IEF:HYG ratio (credit) & $VIX correlation
extremely HIGH in times of stress, fear, VIX spike
especially just before Feb & Mar pandemic
in both times $VIX spiked before credit spread
$VIX always knows; as good as $PCR, $JPY & $Gold
this time is different?
Quiz time P-indicator
another "super contrarian" leading indicator: bottom ind
super complacent, just like $IEF / $HYG credit ratio
see the bottom mystery P-ind
correlation with VIX is extremely high
super accurate contrarian indicator at extremes.
BTFD $VIX strategy
P-indicatoranother "super contrarian" leading indicator: bottom ind
super complacent, just like $IEF / $HYG credit ratio
see the bottom mystery P-ind
correlation with VIX is extremely high
super accurate contrarian indicator at extremes.
BTFD $VIX strategy
by popular demand
total Equity Call/Put Ratio 5-day SMA (P/C ratio reversed)
from 16 exchanges
BTFD when dark blue line (CPR) dip below Capitulation Zone then cross above it
Lottery tickets accumulation when CPR surge above FOMO with Jaws & trend-line break
today = FOMO
total Equity Call/Put Ratio 5-day SMA (P/C ratio reversed)
from 16 exchanges
BTFD when dark blue line (CPR) dip below Capitulation Zone then cross above it
Lottery tickets accumulation when CPR surge above FOMO with Jaws & trend-line break
today = FOMO
Intraday major indices and sector ETF update
as of 2:25 PM ET
Oct 26
as of 2:25 PM ET
Oct 26
Intraday QQQ top 42 stocks update
as of 2:27 PM ET
Oct 26
as of 2:27 PM ET
Oct 26
