Final #VIX #PutCallRatios for Wednesday, May 18, 2016

The front-month VIX Put/Call Ratio (in this case June) is always a very good sentiment indicator of large players' vol bets, and today, post FOMC Minutes, the gyrations were wild.

#ES_F Daily + Weekly SPR plus IB Levels Chart for Wednesday, May 18, 2016

What a day, it became, once we crossed the 1400ET timeline (FOMC Minutes Release).  Once MBS/VWAP were punched thru, they became the new ceiling for prices.  We are lucky that we closed unchanged ioho.

Final #VIX #PutCallRatios for Tuesday, May 17, 2016

Today was last day of trading for May VIX Options... that's why its dollar-weighted Put/Call Ratio was so huge.  If you look at contract volumes and premiums paid, the load has already shifted to June VIX Contracts....

#ES_F Volume Profile Chart for Tuesday, May 17, 2016


Look for continued acceptance at 2040, 2051/52, 2057 and 2061/62 for near future.....

#ES_F Daily + Weekly SPR plus IB Levels Chart for Tuesday, May 17, 2016


Excellent call by @Capt_Tiko ("look for 2036 in the last 30 min of RTH") about 1344 CT today... must be that albacore tuna....