 Hey everybody, this is Harish from in Athens. It's Sunday Jan 28. It's in the evening about 7 p.m Wanted to do a quick market update video here as you saw on Friday The markets went up very very big the S&P moved up about 30 plus points Now what was the real cause of that kind of a move? We don't know In fact, there was a GDP number that came out that morning and by any means I mean 2.6 is a great number But the market was actually expecting 3% and so in that sense it was somewhat of a Disappointment and and still the markets went up. There's a lot of things going on right now But there's really no reason why the the S&P should have gone up that much and as you can see it It also did it on low volume at least the ES and you'll see the same thing on the spider as well You can see that this is a big move of you know over 30 points at volume was very low You know I did a couple of analysis here and I just want to point out that now during this run You can see from the beginning of the year. It's been bullish, of course But look what what the VIX has been doing so the VIX Of course We know is a short-term measure of fear in the markets and you can see that the VIX has been going up as well It's not a common thing to see the S&P as well as the VIX go up at the same time It does seem to have pulled back especially on Friday But still you can see that you know otherwise there are more green bars than red and If you look at the historical volatility of the VIX even that is going up Can I put another study here? It's called the relative strength compared to the VIX and so while this so what it measures is the relative strength of the ES as Measure to the VIX so here also you can see the relative strength of the S&P is actually coming down Of course granted Friday was a very big day So you would see this and the last one I want to show is the average true range So the average two range is the real Calculation of how much up or down a stock moves on a particular day And you can see the average two range has climbed up to now 2122 so what this is saying is on a daily basis the range of the S&P is moving up to 22 so all of these are somewhat of Yeah, of signals that a big move is coming. You know, we don't know whether it's going to be up or down We know there is a government shutdown thing looming and that's coming up on Feb 9th, but even otherwise I see the Things are just a little bit extended more extended than it, you know, really should be especially this VIX Which is a measure of the short term fear in the market So overall all of this says that that there's something going on in the market You know now the SPX now as we know has three, you know three expires And so there's a way and with such big moves There's a there's there's ways to really capitalize on these three expires Just from an intraday basis because on the last day of expiry option prices are low But there's a lot of movement going on. So which means there's a lot of you know up and down You can whether it's calls or puts we can take advantage of them And so the next class of the expiry is coming up on Wednesday So you can find the details on this link right here If you can click that link, you'll find more information on this class, but regardless It's I think it's a time to be a little watchful on the market because this definitely is Saying something here and of course VIX is a short-term measure of fear So over the next month to two months is what the VIX is actually measuring and so you know that tells you There's something in the air so time to be watchful and to take advantage You can take advantage of the intraday spx expiry day options. Thanks