Market Update–
–Selling is proliferating – A/D line
–Dollar break-out signals risks ahead
–Holiday week could hold heavy trade
–Trading firms moved to Covid protocol
Volatility–
–I am NOT feeling the fear- dead VIX
–vol futures in big contango
–skew is low relative to recent moves
–VVIX remains in never never land
Breakdown–
–FED has your back NO more!
–premium sellers be warned… risk could become extreme
–dip buying IF viable must be defined risk
–crypto is now moving with NQ
SPX Expected Move —
–last week — 79.63 (expected move)
–next week– 87.85
