SMC Update 6-20-23

06/20/2023


Comments (14)
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dcarter8883312
dcarter8883312

A Important Read: The Great Hijacking | The Bear Traps Report Blog  These days there are even larger forces at work that are putting a constant bid under the market. This is the interplay between the $11 Trillion of passive investments and the 0DTE index options, but it has created a ticking time bomb💣. There are alarming unintended consequences of mechanical buying by passives and the surging options volumes. Both work together in a self-reinforcing feedback loop to artificially distort risk indicators by suppressing volatility (VIX). Once again this is causing a massive buildup of one-sided, overcrowded long positions. ➡️In the past, this has led to vicious, almost disorderly sell-offs from time to time and it is bound to happen again.⬅️

https://www.thebeartrapsreport.com/blog/2023/06/19/the-great-hijacking/

~Dorothy

Last updated

dcarter8883312
dcarter8883312

Peter: The Fibonacci Expansion in July can you give us an approximate day? I have a Peak July 7 or July 11th 📉 ~Dorothy

MJMassens2570
MJMassens2570

Here's an interesting fib time extension from 1929 high. Work of Chris Carolan, whos previously done work on similarity between1929 and 1987. https://twitter.com/Smartpredictor/status/1659576895476994049?t=0wd0AzK81XJ_33GKlpYLzQ&s=19

fast3777
fast3777

dcarter8883312 said:

A Important Read: The Great Hijacking | The Bear Traps Report Blog  These days there are even larger forces at work that are putting a constant bid under the market. This is the interplay between the $11 Trillion of passive investments and the 0DTE index options, but it has created a ticking time bomb💣. There are alarming unintended consequences of mechanical buying by passives and the surging options volumes. Both work together in a self-reinforcing feedback loop to artificially distort risk indicators by suppressing volatility (VIX). Once again this is causing a massive buildup of one-sided, overcrowded long positions. ➡️In the past, this has led to vicious, almost disorderly sell-offs from time to time and it is bound to happen again.⬅️

https://www.thebeartrapsreport.com/blog/2023/06/19/the-great-hijacking/

~Dorothy

I read that on Zerohedge. What the big banks and funds won't do for trillions in profits. Guess what with the large handoff to the public,record margin debt and Corporate buy back schemes,it will be no surprise when this market goes bidless and we have Volmageddon in the market. 2020 was just a taste. 2023 will see a VIX over 100,you can bet on it. https://www.zerohedge.com/markets/these-are-force-are-putting-constant-bid-under-market

fast3777
fast3777

dcarter8883312 said:

A Important Read: The Great Hijacking | The Bear Traps Report Blog  These days there are even larger forces at work that are putting a constant bid under the market. This is the interplay between the $11 Trillion of passive investments and the 0DTE index options, but it has created a ticking time bomb💣. There are alarming unintended consequences of mechanical buying by passives and the surging options volumes. Both work together in a self-reinforcing feedback loop to artificially distort risk indicators by suppressing volatility (VIX). Once again this is causing a massive buildup of one-sided, overcrowded long positions. ➡️In the past, this has led to vicious, almost disorderly sell-offs from time to time and it is bound to happen again.⬅️

https://www.thebeartrapsreport.com/blog/2023/06/19/the-great-hijacking/

~Dorothy

BTW Zerohedge had 2 or 3 articles that were subscription only on the same schemes played with the VIX....Blue Horse Shoe loves the VIX....The cat's out of the bag. Let's see what happens.

daniel039209
daniel039209

Zerohedge? My eyes are bleeding

fast3777
fast3777

Another gap down in the DOW. Will this go unfilled? They can't stop what's coming. If America only knew what they have done.

fast3777
fast3777

At some point today, a 50/50 chance of a flash crash.

fast3777
fast3777

Waiting for a explosion to the downside.

fast3777
fast3777

Dow should enter the heart of a 3rd wave down soon.

daniel039209
daniel039209

Bitcoin just rallied 15+ %( 26--->30700 !) the VIX just declined probably 25%. probably another couple days down small in spy/qqq before the buyers come back. 431-430 SPY print would be gift

Last updated

ericoh792283
ericoh792283

You bears are so funny. Everything about to go +. Silly bears. Looking for Armageddon! Hahaha

ericoh792283
ericoh792283

Vix is at 13. Lol. Vix dying. Bull market!

brainworksllc139
brainworksllc139

Peter, thanks for the metals updates. 😊

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