Wednesday, April 19, 2023 7:27 AM EST
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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.
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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 ...
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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 certain indexes or their proxies using a proprietary model. At no time shall a reader be justified in inferring that personal investment advice is intended. Investing carries certain risks of losses and leveraged products and futures may be especially volatile. Information provided by TPI is expressed in good faith, but is not guaranteed. A perfect market service does not exist. Long-term success in the market demands recognition that error and uncertainty are a part of any effort to assess the probable outcome of any given investment. Please consult your financial advisor to explain all risks before making any investment decision. It is not possible to invest in any index.
The use of web-linked articles is meant to be informational in nature. It is not intended as an endorsement of their content and does not necessarily reflect the opinion of Anthony M. Cherniawski or The Practical Investor, LLC.
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