Small buy signal on the GEX --> Heads up!
We have a positive divergence between GEX and Price, Gex (only slightly) up, price down:
Also, this (chart above) is bouncing territory.
What needs to happen now —> SVIX gapping up and building a flag that looks like this…
This (above) is a perfect example, so it does not have to look as perfect as this.
We have an about 9.5% correction on the QQQs, that is also bounce territory in a “liquidity is up year” (and liquidity is up not only for the year, but in recent weeks also).
This is not an all-clear buy signal, lot of things need to happen. But —> heads up!
Network Momentum aka Quads —>
This is a very strong reading (Quad 1-2 stronger than Quad 3-4) into a drawdown like this.
What looks best? (with premarket pop, green line average 5 day relative strength, pink = RSI > 50) —>
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