Has the Volatility Roller Coaster Only Just Begun?
Market Price Action and Volatility– –Big Moves, tight range (ATR is flyin’) –High Probability Range will be broken in forthcoming days –Low VIX indicates range complacency –earnings will take a back seat until BIG Tech Levels of critical concern– –Fear and Loathing under /ES 4500 –Hold /NQ 15600 or drop 1k points! –the ARKK effect Risk Factors to Equity Markets- –inflationary readings –Oil prices –Bonds selling off / rates rising –Crypto decline spilling over –lack of correlation –low SKEW- 133.85 SPX Expected Move — –last week — 75.98 (expected move) –next week– 85.74 (4 day trading week)