SPY $424 then bounce off 9mMA and 20mMA crossover about AUG19
Everything for SPY appears to target AUG19 as the potential roll over at 9monthly MA and 20monthly MA crossover. VIX will hit about 18 if this price is achieved.
Purple curve represents realized Volatility.
Orange curve represents implied volatility for AUG19 when it was taken around JUL monthly.
Realized Volatility set-up to reach 9MA @ $424 SPY.
Slow-Stoch is showing exhaustion but a short is not wise until it falls under 80.
TD9 = exhausted but keeps regenerating on periodic intersections.
Won't long - too little payoff to risk, but won't short either. Will wait for more info.
Purple curve represents realized Volatility.
Orange curve represents implied volatility for AUG19 when it was taken around JUL monthly.
Realized Volatility set-up to reach 9MA @ $424 SPY.
Slow-Stoch is showing exhaustion but a short is not wise until it falls under 80.
TD9 = exhausted but keeps regenerating on periodic intersections.
Won't long - too little payoff to risk, but won't short either. Will wait for more info.