On the Edge of the Volatility Box

For the third time in three weeks, the S&P is at the top of the range of the volatility box. This is a crucial point in the market.

For the third time in three weeks, the S&P is at the top of the range of the volatility box. This is a crucial point in the market. The SPX all week has been skirting the top edge of the expected move for the week. Our last gravity point is a stone throw away. Don't be surprised if this happens next…

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