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Most recents (24)

NEXT WEEK

The Bear's Take:

•USA #recession is coming
•Bearish daily candlesticks on $SPX and $NDX
#NDX negative divergences with classic Indis
•Leaders are overextended and some are starting to break
#JPM collar will stop any #SPX advance at 4320

#SPX #ES_F $SPX $SPY
NEXT WEEK

The Bulls' Take

•Breakout of 4200 confirmed
•Momentum is bullish
•Market breadth improved
• $SPX now in official bull market
•Dealers increased their long positions again
#Gamma is positive
- #CPI will be lower
- #Fed to pause

#ES #SPX $SPY #0dte #options
NEXT WEEK

Our Take

• Markets are at strong resistance levels, we are expecting a pullback
• Volatile week ahead
• A likely visit to 4220
• Expecting 4320 to stop any $SPX advance
•Expecting #smallcaps to outperform
#CPI maybe higher, but downtrending

#SPX $SPY $ES_F
Read 4 tweets
NEXT WEEK

The Bear's Take:

•Germany is in recession
#USA #recession is coming
•Spinning top on Nasdaq
#NDX negative divergences with classic indis
•Leading stocks are overextended
•Breadth Negative divergences
•4300 is strong resistance

#SPX #ES_F $SPX $SPY #0dte
NEXT WEEK

The Bulls's Take

•Daily, weekly and monthly bullish candlestick with high volume
•Big bullish action on Friday, with Breadth Thrust
• $SPX broke important levels on high volume
•Bullish momentum
•Dealers increased their long positions
•Positive #Gamma

#SPX $SPX
NEXT WEEK

Our Take

•Momentum is bullish, but indices are near resistance
•A likely visit to 4220 in the next two weeks is expected
•Hard to see a solid break above 4300 this week
•Expecting good performance from the #smallcaps this week

#SPX $SPY $ES_F $SPY #trading
Read 4 tweets
#Nuked Themsleves: “They will blame #Russia as always”: a sociologist on the growth of the background #radiation in #Khmelnytsky (160 nS) | May 15
-the Russian army #destroyed the #ammunition depot -shells with #DepletedUranium were stored at the facility.
theinteldrop.org/2023/05/15/nuk…
RADIATION SITUATION TODAY
#Finland's background #radiation normally varies between 0.05 and 0.30 #microsieverts per hour (µSv/h)
CONTACT PERSON:
Tuomas Peltonen / Inspector general
tel. +358 975 988 508
stuk.fi/aiheet/sateily…
- #Loviisa NOW: 0.210 #microSieverts ImageImage
cc: @ ArthurM40330824
#Gamma radiation in #Khmelnytsky could actually indicate that a #DirtyBomb was stored in the warehouses.
Gamma radiation is characteristic of #enriched #uranium. Is it possible that were making "dirty bombs" at the Khmelnitsky #NPP
Image
Read 35 tweets
NEXT WEEK

The Bear's take:

•Monthly close on lighter volume
•Negative divergences from classic indicators
•Tough talk from FEDs
•Inflation is sticky, rates ↑
#Recession is here
#GDP
•Leading indicators ↓
#AAPL earnings ↓
•Big #Gamma at 4000

$SPX #SPX
NEXT WEEK

The Bull's take

#SPX printed back-to-back Marubozu candlesticks
•Green week with higher volume
•Green month with candlestick body above the previous one
•Return to positive #Gamma regime
•Buy the dip: Bullish price action
•Breadth improvement

#ES_F $SPY $ES_F
NEXT WEEK

Our take

• +Open on Sunday, and eventually on Monday; possible mid-session/afternoon pullback, close near flat
•Market to move ↑ or slightly ↓ ahead of FOMC
-•#Semis will improve pushing↑
#SPX to hit 4195
#FOMC: shake out/not kill current ↑trend

#ES_F
Read 4 tweets
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#GammaSwap $BTC #hedge #volatility #Options #Gamma $ETH #Arbitrum
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Gamma Swap is a financial instrument where buyers (who take the long side) can obtain Gamma exposure of an underlying asset, while sellers (who take the short side) can earn funding fees for providing that exposure. Longing Gamma Swap has the following PnL👇
Read 8 tweets
Somehow our pinned tweet disappeared, so here it is again

This is a thread with information we think valuable:

1) Our Compact Guide to Understanding #Gamma
2) $SPX $Gamma structure Cheat Sheet
3) Our Compact Guide to Options Strategies
4) 2023 Options Calendar... and more
🧵
Version 1.0 of the $SPX #Gamma structure cheat sheet.

Developed in partnership from
@TradeVolatility, great tools for great trades

#SPX #ES_F #options #Futures #trading #Daytrader #VIX #VVIX #Gamma $Gamma #GEX $GEX $SPX $SPY #SPY $QQQ #QQQ #NDX #NQ_F

Our Compact Guide to Options Strategies

According to the teachings of Sheldon Natemberg, 30 years Market Maker, Cboe Educator and author of the options Bible "Option Volatility & Pricing: Advanced Trading Strategies and Techniques"

#SPX #ES_F #options #Futures #trading #VIX
Read 7 tweets
Here is my evening rundown of $SPX and $SPY Dealer and Dark Pool data to prepare us for #optionstrading & #futurestrading tomorrow using data from @WizOfOps Vol.land and @Tradytics. Show thread to see it all! 🧵👇
Lets start with #Vanna on $SPX & $SPY. $SPX cumulative Vanna picture still neutral in this range with positive vanna favoring downside and negative vanna hurting moves higher. $SPY is similar but with more positive vanna favoring downside should $VIX/IV continue to rise.
Aggregate #Charm up next on $SPX & $SPY. $SPX is now much more inline with $SPY with positive charm exceeding negative charm. This means dealer selling will take place as time passes on these contracts.
Read 11 tweets
Another condensed post tonight combining what I believe to be the most useful market data to help prepare for tomorrow. Show thread to see it all! 🧵👇
Lets start with #Vanna on $SPX & $SPY. $SPX cumulative Vanna picture still neutral in this range with positive vanna favoring downside and negative vanna hindering moves higher. $SPY is similar but with more positive vanna favoring downside should $VIX/IV rise.
Aggregate #Charm up next on $SPX & $SPY. $SPX charm is neutral as well, but slightly more negative which is slightly bullish. However, $SPY is still positive which favors downside. Combining the two has dealers doing slightly more selling as time decays.
Read 13 tweets
Here is my evening summary of dealer positioning $SPX, $SPY & $QQQ. The data is provided by Vol.land, created by @WizOfOps, and will help us identify key areas tomorrow to inform our #optionstrading and #futurestrading. Show thread to see it all! 🧵👇
Lets start with #Vanna on $SPX & $SPY. $SPX cumulative Vanna picture is neutral in this range with positive vanna favoring downside and negative vanna hurting moves higher. $SPY is similar but with much more positive vanna favoring downside should $VIX/IV continue to rise. ImageImage
Aggregate #Charm up next on $SPX & $SPY. $SPX charm is pretty neutral as well, but slightly more negative which is slightly bullish. However, $SPY is very positive which favors downside. ImageImage
Read 8 tweets
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Also, it's best to sub to our TG
t.me/matrixportupda…
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Read 12 tweets
$SPX
Our weekly "NEXT WEEK, The Bear's take, The Bull's take, Our take" is here

For more info read our newsletter (It will be out tomorrow)

Subscribe for Free

pointblanktrading.substack.com

#SPX $SPY $ES $SPX #ES_F $GAMMA #GAMMA #GEX $QQQ #QQQ
$DIA $IWM #trading #options #Futures
The Bear's take:

•Rates and valuations are high
•Looming Recession
•Geopolitical tensions are increasing
•Earnings will be low
•Macro enviroment is ugly
•Layoffs are increasing

#SPX #ES_F $SPX #options #trading #Futures #DayTrading #scalping #odte $SPY $ES #VIX #VVIX
NEXT WEEK

The Bull's take

•Inflation/Commodities/Oil/Dollar are down
•Techs are taking the lead again
• $FAANG chart is bullish
•Breadth indicators are strong
• $VIX, $VVIX and #DXY in strong donwtrend
•Positive divergence from CCI, RSI, ROC, Stochastics
#SPX #ES_F $SPX
Read 5 tweets
Here is my morning summary of $SPY using data driven insights @Tradytics. The data provided will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇
The $SPY #Gamma based @Tradytics ghost zones are shown in the screen shot below. They range from 397 - 400 currently.
The $SPY 3-day and 5-day delta correlations all favor the upside based on historical correlations between delta structure & price. However, take note of the lower volatility (no ideal for intraday traders).
Dealer delta momentum still more negative (-0.183).
Read 7 tweets
Here is my morning summary of dealer positioning for both $SPX and $SPY. The data is provided by Vol.land and will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇
Lets start with $SPX Vanna since it's a major driver. The Vanna repellent @ 4000 is present but light. Will become light accelerant if we get far enough above it. We still have a large magnet @ 4100 with repellents above that.
$SPX #Gamma is showing slight positive gamma support @ 3975 with gamma accelerant @ 4000 that will assist a move through it. Large resistance @ 4100 inline with the Vanna magnet.
Read 7 tweets
Here is my morning summary of dealer positioning for both $SPX and $SPY. The data is provided by Vol.land and will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇
Lets start with $SPX Vanna since it's a major driver. The Vanna repellent @ 4000 is no longer showing, because we basically closed on top so it has no impact. If we open too far below, negative vanna could repel again. We still have a large magnet @ 4100 with repellents above.
$SPX #Gamma is showing slight positive gamma support @ 3975 (as long as we open above it) with gamma accelerant @ 4000 that will assist a move through it. Large resistance @ 4100 inline with the Vanna magnet.
Read 6 tweets
$SPX
Our weekly "NEXT WEEK, The Bear's take, The Bull's take, Our take" is here

For more info read our newsletter (It will be out tomorrow)

Subscribe for Free

pointblanktrading.substack.com

#SPX $SPY $ES $SPX #ES_F $GAMMA #GAMMA #GEX $QQQ #QQQ
$DIA $IWM #trading #options #Futures
The Bear's take:

•Recession is just around the corner
• Rates and valuations are high
• Geopolitical tensions
• Friday, stocks rise on low volume
• Earnings will be low
•China Covid shutdown hurt earnings
• Market is overbougth
#VVIX is rising

#SPX #ES_F $SPX #options
NEXT WEEK

The Bull's take

• Inflation/Commodities/Oil/$ are ↓
• $DJI chart is very bullish. $DJT and $IWM also look good
•Up week on increasing volume
• $VIX and #DXY in strong donwtrend
•Breadth indicators are strong
•Positive divergence from CCI, RSI, ROC, Stochastics
Read 5 tweets
If you haven't read it
From our newsletter:
$DJI
"Last Friday it managed - just like the $DJT and $IWM - to make a solid upward breakout... did so on high volume... close above the 20, 50, 100 and 200DMA.
All indicates that this will most likely be the way forward for the #SPX"
" #DJT made an excellent breakout and closed above 20 and 100DMA. It closed right at its 50DMA. Bullish action from a leading indicator. $DJT will have to surpass the conjunction of 50DMA and 200DMA next week, in order to validate more upward moves"
It did that yesterday

#ES_F
$QQQ

"A follow up rally is expected to allow it to break out of the Noise Box and break above at least the 20DMA.
On Monday it broke above the Noise Box, yesterday above the 20DMA, today above the 50DMA"

#QQQ #NDX #TradingSignals #bearmarket #SPX #ES_F #trading #SPX
Read 10 tweets
$SPX
Our weekly "NEXT WEEK, The Bear's take, The Bull's take, Our take" is here

For more info read our newsletter, it will be out later today

Subscribe for Free

pointblanktrading.substack.com

#SPX $SPY $ES $SPX #ES_F $GAMMA $GEX #GAMMA #GEX $QQQ #QQQ
$DIA $IWM #trading #options
NEXT WEEK

The Bear's take:

•Recession is around the corner
• Rates ↑
• Geopolitical tensions
•CPI is coming
• Bearish monthly engulfing candle on the main indexes
• Charts of market leaders are broken
•Bearish flag on the index charts

$ES_F $SPX $SPY #SPX #trading
NEXT WEEK

The Bull's take

•Inflation/Commodities/Oil/ $DXY are ↓
• $DJI and $DJT broke above consolidation
•Higher volume on up days
• $VIX in strong donwtrend
• $VVIX broke below support, is at 2017 levels
•Positive divergence from classic indicators
•Breadth is +
#SPX
Read 5 tweets
$TSLA is the talk of anyone #trading #options these days, so I figured it would be good to go through the data to see what the coming days may bring.
First off, there have been several news events related to $TSLA, including Chinese production slow downs, @elonmusk promising not to sell shares, and new gigafactory announcements. All these have made their splash and will continue to do so.
Lets start by looking at flow via @Tradytics. We see a major surge in put buying. However, compared to recent historical premiums, it wasn't the largest. Algoflow actually has this marked as neutral. The EoD spike can be telling though... ImageImageImage
Read 9 tweets
$SPX
Our weekly "NEXT WEEK, The Bear's take, The Bull's take, Our take" is here

For more info read our newsletter

Subscribe for Free

pointblanktrading.substack.com

#SPX $SPY $ES $SPX #ES_F $GAMMA $GEX #GAMMA #GEX $QQQ #QQQ
$DIA $IWM #trading
NEXT WEEK

The Bear's take:

• Rates, dollar, employment ↑
• Geopolitical tensions
• $VIX and $VVIX are above 20DMA and uptrending
• $SPX closed below 200, 100, 50 and 20 DMA
• Negative #Gamma regime
• Leading sectors are breaking down
$ES_F $SPX $SPY #SPX #VIX #trading
NEXT WEEK

The Bull's take

•Inflation/Commodities/Oil/ $DXY are ↓
•Seasonality favors up movement
•It was all about heavy $GEX & #Quad witching day
•Indices are very near strong support
• $VIX and $VVIX still in donwtrend
• Breadth indicator (#S5TH) is still holding
#SPX
Read 5 tweets
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
Read 10 tweets
TODAY IN THE MARKETS
$SPX
A low #CPI triggered a 114-point jump that took it above the dominant trendline. At the open, sell orders above that level initiated a pullback that took it 126 points down to the 20DMA

Not what we would call a 1-day reversal, more upside to come
#SPX
$DIA
Same picture for #DIA, sell orders above Dec 1 high pushed the #DJI lower

It went down after an impressive initial rally
Bounced from 20DMA

#DJIA will continue to lead the rally

Not a pretty candle, but not exactly a 1-day reversal

#DowJones #trading #options #trading
$IWM

Same story

Perhaps an uglier candle, closer to a 1-day reversal than $DIA and $SPX.

$RTY looking much better

Bounced from important support in the trading channel

Big volume today.

#IWM needs to catch up with $DJI for accompanying leadership

$RUT #RUT #RTY_F #trading
Read 12 tweets
Our weekly NEXT WEEK, The Bear's take, The Bull's take, Our take is here

For more info read our newsletter coming out later today

Subscribe for Free

pointblanktrading.substack.com

#SPX $SPY $ES $SPX #ES_F $GAMMA $GEX #GAMMA #GEX $QQQ #QQQ
$DIA $IWM #trading
NEXT WEEK

The Bear's take:

• Rates, inflation, dollar, employment ↑
• Geopolitical tensions
• $VIX above TL and 20DMA
• All indices broke below 20DMA
• Negative #Gamma regime
• Dealers are now net short
•Quadruple witching: large negative stack at 3900
$ES_F $SPX $SPY
NEXT WEEK

The Bull's take

•Commodities/Oil/ $DXY are ↓
• Indexes on lower weekly volume
• Breadth indicators still holding
• Indexes are at important supports
• Seasonality favors ↑movement
• Lower #CPI would push the market ↑
• Market ↑ on 50 bps rate hike

#SPX
Read 5 tweets
Our weekly NEXT WEEK, The Bear's take, The Bull's take, Our take is here

For more info read our newsletter coming out tonight

Subscribe for Free

pointblanktrading.substack.com

#SPX $SPY $ES $SPX #ES_F $GAMMA $GEX #GAMMA #GEX $QQQ #QQQ
$DIA $IWM #trading
NEXT WEEK

The Bear's take:

• Rates, inflation, dollar, employment ↑
• Geopolitical tensions
• $VIX at support, #SPX at resistance
• $VVIX is extremely oversold
#Nasdaq composite rejected at 100DMA
• Dealers are now net short
• $DJT is lagging $DJI

$ES_F $SPX $SPY
NEXT WEEK

The Bull's take

•Commodities/Oil/DXY are ↓
• Excepting $NDX major indices are above 200DMA, all above 20, 50 and 100DMA
•Breadth indicators are bullish
• Seasonality favors move↑
• $FAANG bullish monthly candle
• $DJI to continue leadership
• $Gamma is +
#SPX
Read 5 tweets
Our weekly NEXT WEEK, The Bear's take, The Bull's take, Our take is here

For more info read our newsletter coming out tomorrow morning before the open

Subscribe for Free

pointblanktrading.substack.com

#SPX $SPY $ES $SPX #ES_F $GAMMA $GEX #GAMMA #GEX $QQQ #QQQ
$DIA $IWM #trading
NEXT WEEK

The Bear's take:

•High rates, inflation, dollar
•Powell, and 8 more FEDs are coming
•Geopolitical tensions
• $VIX, $VVIX extremely oversold
• $FAANG struggling with 50DMA
#Nasdaq rejected at 100DMA
• $RUT under 200DMA
• Short sellers at $SPX 200DMA

$ES_F
NEXT WEEK

The Bull's take

•Commodities/Oil/DXY are ↓
•Indices are above 50DMA
• $DJI to continue leadership
•Breadth indicators are very ↑
•Black Friday record sales
• Seasonality favors ↑ move
• $VIX and $VVIX in strong ↓
• $SMH $XLF $XTN $XLV $XLE ↑

#ES_F #SPX
Read 5 tweets

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