Inflation Inflection Point
Big week kicked off with a positive gamma exposure across the S&P 500 on Monday.
Check out my post on DDOI Gamma Exposure if you want to understand why I think we're going to break the 200D moving average.
I think this pattern changes the next 3 months and we begin to digest 2022 and begin 2023 forcasts.
I was surprised by TSLA selling off yesterday as the S&P 500 increased incrementally throughout the day.
Inverse Head & Shoulder is still valid, but barely. A Double bottom looks more likely now.
Some special charts tomorrow for Jerome Powell FOMC.
Like and Follow.
The more I Learn. The more I Earn.
Check out my post on DDOI Gamma Exposure if you want to understand why I think we're going to break the 200D moving average.
I think this pattern changes the next 3 months and we begin to digest 2022 and begin 2023 forcasts.
I was surprised by TSLA selling off yesterday as the S&P 500 increased incrementally throughout the day.
Inverse Head & Shoulder is still valid, but barely. A Double bottom looks more likely now.
Some special charts tomorrow for Jerome Powell FOMC.
Like and Follow.
The more I Learn. The more I Earn.
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Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.