$VIX breaking a bit, showing Positive Divergence - Sold puts May
As an FYI we're still cautious bull. We did initiate a 
VIX position, by selling puts, as small hedge.
We've made clear what the targets on indices were, still think they can be hit.
DJI - 34250 - Major Resistance
NDX - 13400 - Fib level
SPX - Major resistance - 4181
But keep in mind;
IMF warning global debt levels = DANGEROUS
#Fed states > #recession coming
VIX position, by selling puts, as small hedge.We've made clear what the targets on indices were, still think they can be hit.
DJI - 34250 - Major Resistance NDX - 13400 - Fib levelSPX - Major resistance - 4181But keep in mind;
IMF warning global debt levels = DANGEROUS
#Fed states > #recession coming
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