Our New Indicator
Our New Indicator
The Dollar carry trade is back on – I recommend you watch this thing as it often is a harbinger of sudden market drops/rallies:
As I have pointed out last night – trading index option in this environment is extremely dangerous – those drops come suddenly and out of nowhere. Chances are you can’t catch a bid either way. Watch the Euro futures for some early signs that a directional short term trend is about to turn.