Sentiment Aug 26

Intermarket correlations:

  • JGB yields about to make new high
  • Gold head fake

DG gamma negative

CPCE complacent

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Dow above Dec low

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NAAIM 96 -> 85

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NDXA50 and 20 trending down

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NYMO 1.6

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VIX hammer

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Seasonality - Sep volatility

Conclusion: still not much fear in the market