Comment Cleanser
Comment Cleanser
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