FOMC Showdown

E-mini S&P 500 FuturesCME

설명

⋅ 2022년 1월 26일 오후 2시 25분

FOMC today at 2pm is likely when bulls and bears come to head to head.

Idea from yesterday I indicated dealers would be low supply.

overnight, dealers bought the dip.

the 4350 and 4400 strike are still heavy put exposure so its likely why futures drifted higher.

using the GEX indicator I created I'm able to see the puts still outweigh the call exposure.

If you want to see the numbers, head over to https://www.spyvsgme.com/ and enter your ticker.

Could be pinned here at 4400, but there is a case to test the bearish trendline.

Expect resistance above 4400 / below 4590.

Break that trendline this week, we could see a gap back up to 4500 range.

코멘트

⋅ 2022년 1월 26일 오후 2시 28분

note that the GEX indicator is still using delayed quote. I will update later this morning to see how overnight effected dealer hedges.