ES got to VWAP and the overnight low and decided to take a break. Could easily flat line here if the funds are done raising cash so they can hold on to their beloved treasury shorts.
Odd thing was that the “flash crash” (down TNX, up TLT) corresponded almost exactly with a quick $VIX spike
Does this mean that the options traders ($VIX) are keeping an eagle eye on yield (TNX) ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Here’s my prob:
QQQ can’t fly solo; it needs the help of its hot sub-sectors: the fangs+ (pink) or the nasdaq biotechs (orange), or semiconductors (gray)
All broke to lower lows today
5min
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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