PDPATHWAY
Yesterday's note: "Be on the lookout for early spikes lower to new weekly low ranges. This, combined with the posture could signal…
We continue the"change of character" market with the Equities holding the gaps created post FOMC. We are nearing some important inflection points…
Some thoughts to start the week: A break from balance lower post the FOMC statement starts the week with equities on the…
I would characterize Thursday as a "change of character" day in the 2023 auction. We got some of the balancing that we'd…
We were balanced coming into the announcement and Powell's comments. As his Q&A progressed...sellers became more convicted. Thursday will be the true…
Lower prices in the equities on Tuesday as hedgers took advantage of the underpriced puts and reflexively took us lower. Now, the…
Monday played about as expected. We got new RTH lows in ES and NQ in follow through from the trend days on…
Bearish close to the week for ES and NQ. Bearish postures into FOMC week. Unless FOMC saves us....we're headed lower. Immediately lower…
The inside/out trade worked great on Thursday as PPI and consumer confidence players were unable to hold below the CPI aVWAPs and…
We got some movement off CPI, but no new hedging, so the zero DTE puts bought into CPI burned off and dealers…
