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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

About The Author
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.