Neutral Call, 4-day trading week with a huge expansion of Expected Move from last week's $62.
Last Week: $62 EM / 5 Days = 112.5/DAY --> Next Week: $107.75 EM / 4 Days = 227/DAY
Volatility is like toothpaste; Once it's out of the tube it's hard to put it back in. The market is seeing a ton of risk in the volatility futures 47 days out for some reason. It's before the election.
The Dollar DXY is the sleeping elephant in the room.
Enjoy your Labor Day, you earned it. Best of luck next week, - RH
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.