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Aug 17th-21st

At highs and range bounded. What will the market do this week?
“The Momentum Engine Just Turned Off: The primary buyers who fueled the squeeze to 776 have begun pulling profits and taking short exposure. Without CTAs market-buying into resistance, the market lacks buying volume. OpEx Volatility Setup: Entering the August 19 (VIX Exp) and August 21 (Monthly OpEx) window, dealer gamma unwinding alongside a net-short shift from CTAs leaves the market highly vulnerable to downside flushes toward high-timeframe support zones/POCs.” - Gemini AI

DEEP DOM - Saw significantly more sell contracts pop up on the infrared and stop price from going up. 

OPTIONS - Positive GEX. Scalping is best in this regime. Less dramatic contraction. 

News - Thursday Jobs data (FED WATCH - no change to rates 66.9% and 33.1% for rate Hikes)

((NOT FINANCIAL ADVICE))