following up on the carries, vix has also flipped to align

however the response is mostly in nasdaq the rest lagging

tech ai is picking favorites even within their respective sectors

the close of the month, year, opex brings optimism

vix short term is wagging in disapproval or hedging

contract changeovers to esh25 and fomc incoming

looking mostly at semis, since the last fomc was a stick save here

with the import policy and tight fed, this area might correct

soxx looks like this is already happening, nvda included

overall, still unchanged and trend favors optimism

opex this week so sentiment shift would be deferred

though nvda headwinds from competitors weighs down

looks like the semi bounce is hopeful into fomc

nvda really flipped into the expiry and end of year

some positivity in large caps, though es has most room

going to start another thread since opex is arriving soon

the next expiry would be into the new year anyway

vwap does show an over-reaction to the fomc

the background fundamentals like audjpy and vix are resolved

causing damage to the semi industry altogether premature

the wide open is good for very selective picking though