The analysis focuses on the concept of intercorrelation among various markets, indicating that institutional traders understand and utilize it, while retail traders often overlook this. It aims to provide an institutional perspective using a 'cheat sheet' to explain market movements and relationships between different components. According to the analysis, the VIX indicates the risk. The analysis then goes through various assets including : VIX current 15.18 target 14 fail 16; DXY current 97.902 target 98.500 fail 97.000; USDJPY current 148.393 target 149 fail 147; US10Y current 4.076 target 4.150 fail 4.000; US02Y current 3.509 target 3.600 fail 3.450; OIL current 61.93 target 62.50 fail 61; JUNK current 97.51 target 98 fail 97; EURUSD current 1.17058 target 1.18 fail 1.16; AUDUSD current 0.64547 target 0.65 fail 0.64; GOLD current 3.592 target 3.600 fail 3.580; SILVER current 40.8730 target 41.0000 fail 40.5000; COPPER current 4.5530 target 4.6000 fail 4.5000; SP500 current 4491.51 target 4500 fail 4480; NASDAQ current 21710 target 21800 fail 21600; DOW current 45400 target 45500 fail 45300; RUSSELL current 8848 target 8900 fail 8800; AAPL current 239.69 target 240 fail 239; TSLA current 350.84 target 352 fail 349; MSFT current 495 target 497 fail 493; NVDA current 167.02 target 168 fail 166; BTCUSDT current 111239.32 target 112000 fail 110000; ETHUSDT current 4308.01 target 4320 fail 4290; LTCUSDT current 115 target 116 fail 114; BCHUSDT current 604.05 target 606 fail 603; ETCUDS current 20.42 target 20.50 fail 20.30; BNBUSDT current 876.10 target 878 fail 874; ADAUSDT current 0.183 target 0.184 fail 0.182