Are Markets Headed into the Selling Abyss?
Geopolitical Tape Bomb week--
--Eastern Europe a constant threat to the tape
--tough argument to be long headed into weekend
--a duck and cover shift back to bonds
--inflation took a back seat this week
Edge of Market Abyss--
--Inflation to explode, last call for low rates
--key levels in /ES and NQ
--VIX hovering below 30 but ready for action
--Dollar poised to breakout
--retesting lows /ES 4211 and below
--Monsters of Tech (aapl, amzn)
--Financials lead stage the next leg lower in SP500
SPX Expected Move --
--last week -- 135.20 (expected move)
--next week-- 121.28 (four day trading week)