Are Structural Cracks Appearing in the Markets?

-Low /es volume intraday
-Low Skew
-Volatility did not explode
-Volatility futures are in contango?
-Dollar won’t back off
-Crypto- stable coins, not so stable
-Oil riippin’… again!
-Hawkishness at the Fed
-Short term rates will rise

SPX Expected Move--
--last week-- 136.34 (expected move)
--next week-- 133.43 (expected move)

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