GEX ATH GTFO

By -

Today (Oct 13th), the GEX had its highest reading EVER. I’d like to play with the data and see if I can adjust it for volatility because it seems that the moves have become more and more wild over the past couple of years (ever since Volmageddon). Anyways, back to the topic at hand. Here is today’s reading (click for the zoom in, it’s HUGE). Also, note what usually takes place within a month or so afterwards on SPX (green).

GEX all

And this was Squeezemetric’s comment on it today.

SqueezeMetrics sigma losses

I’ve been noticing prices coiling in holding patterns like ranges and flags in the sectors and it’s getting to the point where something has to break. I suspect part of that trigger may wind up being the USD with trickle over to many other markets.

StrSpr DXY
StrSpr DXY

Just wanted to give you guys the heads up. Significant positive forward returns are in the low probability zone.

Good luck.