I'll bungee jump off one of the Triborough's wearing a Biden emblazon'd thong and a maga hat if viewership doesn't set a record.
Big tech (NQ) really gained strength during the afternoon trading......could it be the hedgies covering their shorts ?
Nice 5 day H&S on Vix futures. Must be waiting on the debates. Keep an eye on the 28-31 level for the next couple days. If it holds, expect some great trading days. If it falls, get long.
Whippy indeed, unless you enter at extremes. My system have no strong statistical bias for today. Normally, would see a test of 3351 from here, but it's not a guarantee. Could see a sell lower and a new LOD later in the session OR we could just continue to rip above 3350 and print 3377 by EOD. I took 4 points net on this first hour and will probably call it a day here since I don't see a strong edge either way and think this price action reflects that.
3310/3290 definitely a real possibillity on the day. 3233-36 possible support zone/LOD. So, tricky unless already short (I'm not).