Sentiment Aug 12

Intermarket correlations:

  • JGB yields dipping from new high
  • Gold head fake

DG gamma negative

CPCE very complacent

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Dow above Dec low

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NAAIM 96

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NDXA50 and 20 rolling over

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NYMO -27

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VIX inside bar

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Seasonality - mid Aug stronger

Conclusion: sentiment still heating up, price and trend are king