Last week the indices were essentially flat, yet there were a couple of decent movers under the surface. Many of the momo’s also stayed within a tight range or were a tease, so that we were able to catch a couple large moves within a sea of gross action is pretty good. Breadth: Very little...
OPEX week was a bust. Very, very few opportunities last week. Nothing we can do about that except be patient. Two weeks ago we took a lot more trades cause the opportunities were there, last week we took only a few. Hopefully now that OPEX is over we can get a week (or more) of...
We are finally getting a bit more opportunity from the market, which helps bank more profits. In the bigger picture we are still in a large range, but there are signs of more follow through for now. Breadth: SPX stocks at 20-day highs: Not overbought or oversold. SPX stocks above their 20-day MA: Not much...
Great week. Even though we are still rangebound and still taking less trades while we are not trending, all of the trades last week were winners. Can’t really ask for more than that it this type of market. Breadth: Just like last week these are in no-mans land so just going to post them. We...
SPY Open Interest – Tues, Wed & Friday Expiration – Week 5/29/18
Last week here, I showed the three SPY open interest ranges for expiration and price pretty much held very nicely within them. I guess that isn’t so hard when the market trades in a very small range. Yet if you knew where there was put support and call resistance it could have prevented you from […]
Share this:
Read More →
Read More →