S&P 500 Next Week Expected Move ($90)
Close Up - 2hr timeframe
Expanded volatility on the horizon with the Expected Move from last week's $58 to this week's $90
The largest Expected Move we've seen in quite some time. Fireworks to start the year.
S&P tagged the upper edge of last week's Expected Move. Always fun to see.
I made a long term prediction over a year ago about the $3777 S&P level. Confluence of resistance directly above.
Market is at an all time high. Don't give it all back. Avoid leverage.
Fundamentals, Technicals, Sentiment, Breadth, Macro are ALL stretched.
SKEW is historically extreme --> Indicating lots of hedging.
Fund manager rotation coming up, some politics and drama to ensue.
Join me on a free portfolio challenge:
wealthbase.com/games/january-beat-the-compound-challenge
Best of luck next week,
- RH
Expanded volatility on the horizon with the Expected Move from last week's $58 to this week's $90
The largest Expected Move we've seen in quite some time. Fireworks to start the year.
S&P tagged the upper edge of last week's Expected Move. Always fun to see.
I made a long term prediction over a year ago about the $3777 S&P level. Confluence of resistance directly above.
Market is at an all time high. Don't give it all back. Avoid leverage.
Fundamentals, Technicals, Sentiment, Breadth, Macro are ALL stretched.
SKEW is historically extreme --> Indicating lots of hedging.
Fund manager rotation coming up, some politics and drama to ensue.
Join me on a free portfolio challenge:
wealthbase.com/games/january-beat-the-compound-challenge
Best of luck next week,
- RH
Note
What are the odds?There's no way.
The only question is how long until it's inevitably surpassed.
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