I am still testing my Excel Spread sheet. BUT hey, so far so good. Basic thoughts on Statistics With calculating expected moves on a stock by calculating the mean profits per day for a certain term we know where we expect the price to be based on history. Now you
Read MoreWorking with weekly charts I love the IWM. Why is that? Because it has not moved much in over a year as we can see in the black line in the image. It is also said that the IWM is a leading indicator and shows the way of the SPX
Read MoreAuto sales are down and so is manufacturing employment. Retails sales are up which is weird, since they should come down as well, That they are up IMO is because of inflationary spending. Recession is ahead. People are paying more for less goods. We are in a Stagflation. GDP expectation
Read MoreDerived from the amount of OPEN INTERESTS multiplied with 100 shares per contract times mid price gives us a good estimate what money is at stake and where the Market Maker will make the most money.
Read MoreAn update on IWM Call Spread. IWM reaches the frontline of defense threatening a breakthrough the all time high it reached in the beginning of March 2021 where it topped out at 234.53. Now what? Will it retread or advance?
Read MoreI was waiting for my two candles since Monday but the underlaying took a small retraction. Today on Thursday we saw a bullish engulfing. It was rejected at the 229-230 Resistance level. An area with over 100,000 Call and 50,000 Put options. If this level is broken the MM will
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