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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: Jack of All Trades who wrote (40790)4/3/2025 6:24:17 PM
From: Jack of All Trades2 Recommendations

Recommended By
kckip
skinowski

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GEX data is out, matching the low of March 13th, I really thought it would go much deeper given today's dump. DIX down slightly, above 50%.

I would expect GEX to be 2-3X more negative. Maybe with the relatively low GEX values on the ramp they may not extend that far.

VIX barely hit 30 today at the close.

We made a A=C type move on the SPX at the close (5397) off the March 25 high. If it extends to a Gartley (127%) then that is 5316.

SPX forks only one left pt'ing higher off the March 13th low.

SPX big picture off the ATH Fib Ext 100%=5144, 127%=4969, after that we are looking at the Aug lows...

Interesting times, will bears get trapped or bulls continue to get the axe?

I would look for a bounce off the 531x area if we get there tomorrow, look out below if that doesn't hold.

JMO
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