Open Interest & Set-ups for 8/30/16
Another relatively benign week until Friday which saw more intra-day movement than we have seen for a while. SPX still managed to close within the range it has remained in since the jobs number, but just by one tick. In the end though it is still in its range for now. With that said the...
Volatility or Rotation & Grind
Last week here I had little to say except that SPY would very likely not close over 220 and that as long as SPY remained above 217, it would be difficult to make a bearish case. The low last week was 217.02, the high 219.50. Perfect range for any short term bulls and bears to go crazy […]
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