This is the most spectacular rally I've ever traded.
We cruised above last week's $46 expected move. Actual Move? $74
So we broke outside the expected move, and yet this coming week's expected move is only $41? What's the deal?
Well it's only a 4 day trading week. So the options market did increase their volatility. $41/4 days = $10.25 vs. $46/5 = $9.20
Despite Monday being closed for the U.S., keep a very close eye on China Sunday night as they're releasing GDP numbers..
Update: They were the worst in the last 28 years.
Check out my trading Partner's page for additional ideas and updates:
www.tradingview.com/u/gghsusa/
It would appear my post was still set on Private vs. Public. I was looking for my typical 5-6 views but 0 seemed out of the ordinary.
30 Min Chart / Unpublished Post
www.tradingview.com/...e-41-Gravity-Points/
Last Week's Post:
www.tradingview.com/...Move-Gravity-Points/
Chart Dump for Review:
www.tradingview.com/...ravity-Points-Extra/
We cruised above last week's $46 expected move. Actual Move? $74
So we broke outside the expected move, and yet this coming week's expected move is only $41? What's the deal?
Well it's only a 4 day trading week. So the options market did increase their volatility. $41/4 days = $10.25 vs. $46/5 = $9.20
Despite Monday being closed for the U.S., keep a very close eye on China Sunday night as they're releasing GDP numbers..
Update: They were the worst in the last 28 years.
Check out my trading Partner's page for additional ideas and updates:
www.tradingview.com/u/gghsusa/
It would appear my post was still set on Private vs. Public. I was looking for my typical 5-6 views but 0 seemed out of the ordinary.
30 Min Chart / Unpublished Post
www.tradingview.com/...e-41-Gravity-Points/
Last Week's Post:
www.tradingview.com/...Move-Gravity-Points/
Chart Dump for Review:
www.tradingview.com/...ravity-Points-Extra/
i.imgur.com/i4wwdF9.gif