https://twitter.com/zerohedge/status/1612852316046069777

With this sell off. SPX broke the symmetry from 2020 selloff.

Posted yesterday. If W fails then drop will be equally bad...Expecting 3700 soon.

https://stockcharts.com/c-sc/sc?s=%24SPX&p=120&yr=0&mn=8&dy=25&i=p28459325925&a=1251124520&r=1663333653364

or Alrernative if it breaks 3900 with conviction

SPX still within channel. Yesterday after hours tagged the down channel

Decision time like 2 other times when it broke the support line.

Vix at crucial point in the current upward slope...

From a Reddit Post ....SPX weekly 2008 vs Daily 2022 Correlation is close to 90+% since sell off.

This is still end of Feb Chart. With today's sell off it is on its path more pain down in next couple of months

Vix closed outside the BB on Daily...and in hourly broke this channel. All depends if this is valid

JPow will scream if you say 233 !!

Vix still within in channel

SPY Reached the Measured move up from bottom...

Too many targets to downside after breaking 420 with strong conviction. 

First question - will it come and test 420 before going to any of these targets

First will be symmetry from 480 to 420 move of 60 which leads to 460-60=400

next will be break of 460-420 channel which leads to 420-40=380

Then there is this long term symmetry from covid crash and also 38.2 fib retracement around 375-380ish

Vix There was no divergence yesterday...

Divergence on VIX to SPX...Vix Lower High while SPY lower Lows!!

How do you get the latest news update. which source do you guys follow?

I was just going through some big trades on indexes for open interest/ volume and this one popped up and it happened right around when SPY bottomed.

BUY +35,065 SPY 100 (Weeklys) 4 MAR 22 452 CALL @1.11 LMT 

This trade was executed at 13:18:58

Does this big transaction of almot 4 million dollars mean anything. I looked up at other trades prior to that and lot of activity went for same calls from 1315-1318pm. By end of the day 452c total volume of 64k(open interest was less than 4k)

Can this be another inverted H&S on SPY?

SPY 60 min

FYI..Fed Bullard speaks at 11

Hi..can you please cover Gold, the move on Friday was based out of news but there is still more resistance at 1880/1920/1960 for any meaningful move. I know you covered last week saying you are expecting a move down before a move up, But I want to hear your thoughts again if possible in the newsletter.