preferring the volume profile on micros with mes vs es

mini profile suggested the retrace and only a minor revert

overall area is filling in a node with mnq matching nq better

//

back in range but signs of continuation lead to further hedging

fomc upon us midweek and vol retraced to resistance now support

vol is now trendless, and this gives us pause overall

this extends over to yields and carries too

//

hedging strategies like straddling w/ vol at cheaper areas might be useful

there was a push through on vol that secured prior to fomc

tech lags, but the influence of large caps brings positivity

yields unchanged provides more certainty for financials

//

vol was able to revert crossing key levels for stability

friday major opex still reacted to ongoing events

however, as vol tested with carries, ym led

even holding with buy pressure in the am

//

the question is whether this med term vol holds

vol did follow through, though now lingering on the indexes

some extended further which normally calls for retrace

carries mixed as well but yields are running with vol

//

after the burst early week, there may be some respite

some missing structure with the jump pre week open resolved

vol seems to lead so the closest instrument would be es

carries also following and yields also seem pushed

//

vol finally filled a lingering gap and will see the reaction

with lack trend / motive after the dip and go last week

vol and es decided to hit range boundaries before pressing

the extreme examples in ES NQ going R2 to S2, YM only 1-1

//

weeks like this are better left to observe levels before reacting

the complete rout from last friday has retraced with vol in range

remains to be seen whether we can push further with tech lagging

there is a possibility that the reversion was to get tech back into range

//

still pending incoming data and events like nfp and the like (tariffs seem less moot)

max reaction in vol and yields w/o incurring negativity

also translates to dipping op as carries seem to lead

with energy already released nfp seems derisked

//

with ym tied to crude, es has become the safer play

continuation w/ event risk, dark pools caught wrong too?

the extension without much retrace puts vol in actual trend

although outside range, the daily speaks volumes here sadly

//

needs a hard reversal to remove vol trend, less probable now