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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Sun Tzu who wrote (83247)12/21/2023 11:59:31 AM
From: Qone02 Recommendations

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The Ox
towerdog

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That assumes that options control the underlying. I'm not in that camp. <G> Gamma being high as the market hits extremes will happen every time.

If the options controlled the market the VIX would spike at extreme highs, it does not do that. The underlying controls the options.

Did he have a prediction for the close to the open?

Or is he all hindsight?

This 6000 tick ES chart combined with the 100k volume NQ chart HSI being into oversold. Predicted the underlying was going to take a chunk of the drop back today. It took half of it back.

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