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Has the Volatility Roller Coaster Only Just Begun?
Market Price Action and Volatility--
--Big Moves, tight range (ATR is flyin')
--High Probability Range will be broken in forthcoming days
--Low VIX indicates range complacency
--earnings will take a back seat until BIG Tech
Levels of critical concern--
--Fear and Loathing under /ES 4500
--Hold /NQ 15600 or drop 1k points!
--the ARKK effect
Risk Factors to Equity Markets-
--inflationary readings
--Oil prices
--Bonds selling off / rates rising
--Crypto decline spilling over
--lack of correlation
--low SKEW- 133.85
SPX Expected Move --
--last week -- 75.98 (expected move)
--next week-- 85.74 (4 day trading week)
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