🥐 fresh crumbs Dec 17th - 18th #FOMC caused a quick move down which created a margin call issue into #OPex Dec 20th #OPex risk came off and $ES rallied 🔺 3% What can we expect into the end of the year 🤔 🔸 Monday a lot of hedges... come off ⚠️ #instability 🔸 Supportive structured flows 🌊 are fading 🔸 Likely to get more selling There's a re-leveraging effect that should provide 👉some support 👈 into EOY but interest rates + inflation is the new #Narrative As we head into Jan 20th #Inauguration, people may want to be risk off Cem Karsan 🥐 🥐 with Rick Santelli on CNBCshow more

This one was a real test of conviction 🤔 December 21st - 31st The re-leveraging effect might provide support into EOY, so there might be a short-term opportunity into early January Into Jan 20th Inauguration Risk-off environment as the inauguration approaches

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🥐 mentioned hedges coming off on Monday ⚠️ ... means markets can make volatile moves in 📈 either 📉 direction 🙏 for 📈

his santa rally has been bullish last 3 months never came now he spoke like he own the current blood

$ES is up 20% since August 5th .. 7.5% 🔺 if you remove the August 5th dip completely Still possible we see another push higher into early Jan

The video seems to be on 12/19 talking about 1220 opex day. So not Monday a lot of hedges comes off

He said Friday (20th) risk from expiring options indlugin hedges came off Monday (23rd) re-leveraging effect

What happened to the last weeks of the year and beginning of the year being the most bullish? FMU that’s where the releveraging or structured flows were supposed to be?

Let's see how it plays out 🤞

Oh, so no more EOy rally?

A rally would be more of a recovery to 6150