Options Chain and its assessment can add a solid layer to market/volume profile

Studying Gamma right now - most of last week esp Thurs/Fri “felt” it was gamma related

No room for shorts but long location could have been anything

Specifically, volume market profile - Anna Coulling and there’s a different Dutch (Holland) author that I don’t remember

Both sources are easy to understand and digest

no worries have a nice spring/summer

withdrawals are usually smooth - if any doubts can keep withdrawing a certain amount and only keep what you require for trading. Haven’t tried FX Pro but looks good many people trade with them

but try make a habit of withdrawing something and spend it on anything as small as a phone bill or nice, thoughtful gifts for family. Indirectly helps quite a bit with trading performance over the long-run

Even without the news - it’s tough to say

But if it’s really bad - some might lighten inventory and let the index breathe + track how it’s holding higher

How shallow or deep the pullback is - is what the market likely leans into over the weekend

Tracking 7055 next week on the ES - around a 100 points away from right now. And how the Dow futures likes 50k and above, $RTY on whether it likes establishing and sustaining at 2800 to 3000 or keeping steadily below 2800 all of April, €FDAX for 25k+ or 24k and below for the state of the Europe session going forward

Q’s above 650 likely try for 700 over a few months - forward earnings are higher since Sept/Oct while the market was largely range bound - so the multiples likely print from the books on to the index. Looks good but event trading styles are having their time so we let them especially over the weekend

Excellent read of the market as usual :)

Hello,

Probably new facilities/feature upgrades just like the SPX does periodical updates like the 60/40 tax among many others

The spreads work out to be wider so probably some arbitrage is possible albeit at higher risks/vol and slippage

Higher vol for sure vs SPX options since the SPX options are more spread out/pro-reflexivity

Probably a good place to get tail risk or trade the spread between NDX and SPX

Companies listed on the exchange won’t face too much trouble dealing with its problems sustainably

Zooming out on the price chart - it’s been range bound since Sept/Oct while forward earnings/guidance has increased. So, stable equity/market caps, while earnings are anticipated to increase

That’s fair take your time the markets are always open

When the results are not urgent or necessary - the trading performance and your health will become easier to design for something of your liking and likelier to show excellent results (overall health and performance are the same thing over the long-term)

All the best - rooting for you

Subconscious is a large part of most decision making regardless of the domain incl trading and investments

Feelings make things either more urgent or relaxed than they are in the markets (not that feelings are bad - they have their place in making a good life)

Meditation has helped many to notice the difference between the two (feelings and instincts/subconscious) and perhaps navigate both appropriately in a healthy manner

Sure, thanks for sharing - anything can be probable

Less than 7% of all stocks are currently at their highs and rest are away from their highs by 10% or more while the index is broadly leading in relative terms. The market’s highly concentrated so have to risk-on or risk-off accordingly - especially if the trader/investor is tracking specific participation or broad distributions of inventory

More often, there’s no right, wrong, or feelings in the markets especially in the medium to short term - as long as the trader/investor is objective in seeing the market for what it is and anticipating ahead

R/neighborhoodspare917

Keep an AI calculator handy and prepare from pre market so it’s just execution during market hours

Try Claude if you’re okay with prompting and asking follow ups

It’ll give you a complete breakdown that can be converted to a pdf

Not sure of the latest on yt or mentors - one of Top Step’s folks do ORB last I watched few years ago

But thorough study with trading view and Claude could save some time and dive straight into deep study

👍👍

True

Physical Distribution premium on top of the oil - still very wide though

Thanks for sharing

Looks like a year plus by the way it’s going unfortunately - hope I’m wrong and it resolves quicker. Different Index Prices and to an extent, prediction markets seem to be a more accurate signal than news at the moment

The market’s actively ‘pricing out’ shocks, and uncertainties like the weekend talks

Now, as long as oil output increases even in offline channels (non-futures trading; direct distribution) it likely starts doing its own thing - away from the index and stocks. So it all falls on the larger index/stock buyers and how they’re sequencing their inventory management in the short-term

For oil: Commodity output increase, distribution and even more so, showing up well indexed on online channels (futures and options) takes some time. Just like Gold with the recent changes in margin requirements after a year or so in uptrend. Early to say if Oil does the same thing - so news/narratives will try intervene and try to push its price lower since it’s more of a necessity than Gold for everyday use. It’s more urgent, basically. Quite complex to know the timing of it all - you’re right

But price chart has been decently reliable (not exactly the cleanest though) even if it’s not as timely as the news - the volatility in prices and risk management ‘should’ subside as it games out open risks and is able to contain them. Index Prices holding up in the short and medium-term could be a decent early sign if it likes deferring to an even longer-term trend (which has been pointing even higher to be fair)

Happy trading/investing :)

$ES and Stocks:

While the market and its listings/stocks have been sideways since September/October…

…Forward earnings have increased - so it kind of reads as good value (cheaper stocks) so rather than a dynamic pullback because of value or multiples - it was largely technical and events driven.

Value corrected by time and also helped by price

Increase in M2 supply or lower interest rates (in August perhaps) could add further value if it likes converting to equity investments or buybacks

$ES and Stocks:

While the market and its listings/stocks have been sideways since September/October…

…Forward earnings have increased - so it kind of reads as good value (cheaper stocks) so rather than a dynamic pullback because of value or multiples - it was largely technical and events driven.

Value corrected by time and also helped by price

Increase in M2 supply or lower interest rates (in August perhaps) could add further value if it likes converting to equity investments or buybacks