SKEW above 130, currently at 144 indicating that big money is heavily hedged to the downside.
10 day MA PC Ratio is well below .75 which tells me that a majority of investors are long.
Spy looks like its touches the backend of the top yellow line while also tightening up its giant ascending triangle.
VIX is about to hit bottom of bollinger bands that have almost tighten up to be completely inside the kelter channels.
Should be an interesting to see what happens next. Is FANG invincible?
10 day MA PC Ratio is well below .75 which tells me that a majority of investors are long.
Spy looks like its touches the backend of the top yellow line while also tightening up its giant ascending triangle.
VIX is about to hit bottom of bollinger bands that have almost tighten up to be completely inside the kelter channels.
Should be an interesting to see what happens next. Is FANG invincible?