Crash Monday? SVB contagion, VIX spike

On what?

 

USUALLY occurring near highs when euphoria is high. Look back and pick a black swan event.

 

Us futures traders, another thing to keep in mind indices roll on open tonight for Monday's record of trade.

 

First clue should be open of Asian Markets -

Japan 8 PM EST
Hong Kong 9:30 PM
Shanghai 9:30 PM
Australia 6:00 PM
New Z 4:00 PM

 

Currencies opened @ 5pm EDT

right now:-

EURUSD +0.43%
GBPUSD +0.36%

and

USDJPY -0.54%

 

NZX is down -0.77%

actually make that -1.16%

 

I don't think you understand what's going on here.

 

Things drop when there are unknowns. When things are understood, the snap back occurs. Even if another SV bank goes down, it will be a "meh". Retail money is always late to the party, because they wait until things are known. But the smart money flees when the tape says so and ask questions later. By that time, things are known and it is a Short Squeeze then a Momentum buy, or both simultaneously, hence the "face ripping".

Be Jack, nimble and quick.

 

PNC backed away this afternoon as a potential buyer.

 

Gets out popcorn

It'll be a fun show