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Comment Cleanser

Comment Cleanser

by MoleApril 18, 2012

This is more of a comment cleanser, but should be fun.

Here is a great video from Artemis on IV term structure and skew for the SPX.

As for the tape, it is worth pointing out the potential for a bear flag on trendline for SPX.

I would watch that 1375 very closely.

Also daily EUR looks interesting. If 130 goes out I would say new lows are probable.

And CCI index. I must say that does not look healthy.

And copper… ouch… weekly looks like a bear market to me. She had major trouble with the 4 handle.

Finally I leave you with the summation index. Clearly breadth sucks and the market= AAPL right now.

Mental masturbation of course, but certainly interesting.

Best of luck unbiased trading,

Volar

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Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.