SPX Futures Have Challenged The Rising Trendline

Pixabay

6:30 am

Good Morning!

SPX futures have challenged the rising trendline at 4130.00, making a potential aggressive sell signal.  Aggressive signals offer a high risk, high reward pivot point at which volatility is still capable of taking either direction.  However, it offers the best placement against later pullbacks which often shake out weaker investors.

VIX futures have als risen back above the rising trendline at 17.42, also giving an aggressive buy signal.


More By This Author:

SPX Futures: Small Gain
SPX Futures: Above The Descending Trendline
Short Gamma Suppressing The VIX

Nothing in this email or article should be construed as a personal recommendation to buy, hold or sell short any security.  The Practical Investor, LLC (TPI) may provide a status report of ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.