After a challenging start to the year, we have successfully recovered from the entire drop, as we had prepared you for in the previous video, anticipating a relief rally.
The NDX is still forming a lower high, but it is now once again challenging the top we reached at the end of last year. This is happening concurrently with the approach of the biggest Options Expiry (OpEx) for single stocks in the year, which currently seems to be heavily weighted towards calls. What does this indicate for the...

First and foremost, a belated Happy New Year to all the fantastic folks who have been following me over the past 2 years+.
Now, let's dive into the current market scenario. Unfortunately, the start of this year hasn't been ideal – we experienced a significant gap down and a full week of selling.
Adding to the concern, we closed the previous week with a doji, indicating a potential market top. The gap down becomes even more significant in this context, suggesting a bearish trend. There's a lot ...

Last week saw market consolidation, with both the SPX and NDX inching up less than 1%. A sudden Wednesday drop during VIX expiration erased gains from Friday to Tuesday, with only a partial recovery on Thursday.
While news blamed the 0DTE, our understanding points to VIX expiration and dealer positioning. The dominance of 0DTE in the options market makes deciphering options flow and its impact on market positioning by dealers and market makers crucial in 2024.
The current price action echoes Jul...

Welcome back to our latest market update! Our algo trading did extremely well! Most accounts had a 3.6% up to 5.9% weekly gains! Averaged monthly it is about 11% - 23.5%!
Last week, the VIX took center stage as a significant player, especially with the impending largest OpEx in history on Friday.
We effectively addressed the lingering gap from the COVID flash crash in 2020, leaving the last gap on the VIX at the upper 40s level.
Meanwhile, the SPX is at near all-time highs, accompanied closely...