Looking at the week ahead based on @spotgamma Trace tool. The GEX level still shows 7525-7540 level on $SPX. For that to work $DXY needs to calm down a bit
Its Friday and market is down so would not rule out some Trump posts to get this SPX back over 7500 into weekend.. but breadth is about the weakest in two months
The alpha i give out in random Twitter comment sections:
Since this post:
$ASTI 4.73 ➡️ 7.91 (+67%)
$MRLN 7.13 ➡️ 9.16 (+28%)
Imagine what we do in the @LaDucTrading Live Huddle Room EVERY SINGLE DAY cc: @SamanthaLaDuc
S&P average single-stock 1m put-call skew has now collapsed to the lowest level in Goldman Sachs entire dataset.
Translation: Everyone is a bull.
Source: Goldman Sachs