Live look at SPX technical analysis with KnovaWave – Ichimoku, patterns, Gann, Murrey Math and Elliot Wave. “Horses for courses” conversation re. overly complex / over thought / etc option strategies when quick decision making is in order. Enjoy live commentary from Our Trading Room at youtube as the day wraps up – feel free to like and share Any questions please feel free to ask them below. Trade Smart!
The Dow just had the worst 1st quarter in 124 years. The S&P 500 has not been down in these three successive months since 2008. What does history tells about the stock market from here?
The Commodity Futures Trading Commission (CFTC) publish the Commitments of Traders (COT) reports with a breakdown of open interest for futures and options on futures markets. More specific, disaggregated reports (DCOT) came after the GFC in 2008.
Stocks and the S&P 500 Index crashed on Friday in the index’s sixth-worst one-day point drop ever, however given we are coming from 2880 plus in percentage terms it was ‘just’ around 2.50% . To put that in perspective, its a minor bump from a 30% rise. Perhaps. Its all a matter of entry and leverage.