The second half of this pull back should complete shortly. The first gap down s was a 10% extension. Using John J Murphy's as the guide to everything Technical Analysis the completion of this gap targets the 50% fib of the December 22 to July 23 rise. Today 2 trades deep ITM Puts Jan 19'24 162 DTE, 2000 270 strike and 1750 at the 280 Strike.
Feeling that this along with the gap to be filling in TLT means we are going to have lower CPI and PPI. TLT targeting 89, care of TLT gap PFIX shines a light.
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