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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (169152)	3/4/2021 9:34:36 PM
From: sense	Read Replies (3) \| Respond to of 217786

SRTY up 3.2% after hours... UVXY up only 2.36%... Note the patterns in the UVXY 14 month daily chart... In 2020... first a spike "just" above the 50MA that started in mid January, peaked the last day of January, then fell back to the old low, and then rose again in mid-February... bumped off the MA once... crossed it the second day at $12.50 or so... and off to the races. In 2021... first a spike well over the 50MA in mid February, a bigger crossing than the first spike in 2020, then back down to lower lows... only to bump off the 50 MA twice at the end of February... and in the last three days, UVXY has risen back near the MA, almost bumping off it again today with a high at $10.31 with the line at $10.55. There are differences in the slopes and the accelerations coming into the patterns... One notable difference... (also that I rode SQQQ last year instead) was that the day with the biggest volume was as UVXY crossed $20... about 8 days into the move higher... with volume that day around 75 Million. This year... we saw volume in mid-February top 150 million on the spike, and at the end of Feb, just bumping off the MA had a day near 250 million. Today, did 203.57 million traded in UVXY... without yet bumping much less having crossed the 50 MA. The options trades are also fairly well populated... with an expiration day tomorrow... Will we cross the MA and have a black Friday... or postpone the fireworks... with an engineered solution... ? Given the banks will be on both sides of the trade... which side do they intend to have win the day ? Does Mr. Powell have anything to say about it... again tomorrow ? Or, just along for the ride... with an improved model of mask that works more like a muzzle ? Jeff Currie for Fed Chair... given greater experience in reading his audience ? Coin flip ? Big money on $0.05 $15 calls if it breaks... My read is... if anticipating a big day... disappointment is probably what you should bet on... for now... as oil is poured on the waters to lubricate the tone deaf uttering's short term impacts... while they attempt to re-calibrate policy for "Powell speak"... and Powell speak for "policy"... so even if your coin might flip differently than mine... or if things change during the day tomorrow ? The excitement was from noon to 2pm... and then... "nothing to see here" ? But... as I noted a while back... as others ignored it... its the rates changing that you have to watch... So, rates lower tomorrow... in an entirely "organic" trade... since BS is organic ?