Market 06/27: Index tries to find support

Tech and telecom sectors continue to weaken post OpEx 06/16 as predicted with QQQ falling back below gamma flip level at 360 and SPX approaching the support zone 4320-4300 as forecasted by Viet Hustler. VIX surges strongly again, driving hedging demand into OpEx 07/21 ahead of the upcoming FOMC meeting. Since post OpEx 06/16, QQQ has dropped -4% and SPX has dropped -2.5%.