The BRIDGE (Jan 28-Jan 29): ESH26 Overnight Positioning -- post-FOMC structure favors downside extension to test the ES 6996 floor
Jan 28 Update 1: (FOMC Day 2) -- current MM hedge imperatives favor continued downside pressure toward 6950
The BRIDGE (Jan 27-Jan 28): ESH26 Overnight Positioning -- massive SPX +GEX residuals create early stability at 7010 ES; 7034 as cap
The BRIDGE (Jan 26-Jan 27): ESH26 Overnight Positioning -- ceiling is 7015, floor is 6955, with lots of volatility in-between
The BRIDGE (Jan 23-Jan 26): ESH26 Overnight Positioning -- Bull Call Spread 7000/7025 Ratchet Structure Beckons