It's been a short week, and the indices have once again made their way into a crucial supply zone.
Now, this zone is stacked with supply, and breaking through it is going to be the key focus.
Over the past few weeks, we've witnessed a spike in realized volatility, while the VIX has taken a nosedive into the abyss. What does this mean for us?
Well, it's created a unique situation where puts are unbelievably cheap, with options sitting in the 5th percentile range. To put it simply, puts have been this cheap only 5% of the time! The last instance we saw something like this was back in January 2020, and we all remember what followed in the subsequent month.
This is a red flag for the bulls – a precarious time. With realized volatility outpacing implied volatility, the bears currently hold the upper hand. It's a critical juncture, and in this video, we'll delve into the indices, analyzing what to anticipate in the upcoming week.
So, buckle up, pay close attention, and let's navigate through the current market dynamics. Stick around to gain insights on what to expect in the coming week – it's a ride you won't want to miss!
As always, trade safe and invest wise!
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Video Link:
https://youtu.be/Ws1jkFBtZtY?si=iFwhY72rOXUQy_IA
$Cboe Volatility Index(VIX)$ $NASDAQ 100(NDX)$ $Invesco QQQ Trust-ETF(QQQ)$ $Tesla Motors(TSLA)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ $Netflix(NFLX)$ $NVIDIA Corp(NVDA)$ $Alibaba(BABA)$ $NIO Inc.(NIO)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $Nasdaq100 Bull 3X ETF(TQQQ)$
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