Wild Ride Ahead?

Today is setting up as a potentially wild ride, with plenty of earnings, employment, oil inventory and sentiment data to digest…on top of a FOMC rate announcement that could surprise in its hawkishness.

SPX came within 5 points of our next downside target yesterday before VIX began its daily plunge — this time a 10.8% crush after coming within a smidge of our 13.01 target. 2017-02-01 VIX 5 0615 VIX’s plunge continued overnight and, along with USDJPY’s bounce off our downside target and CL’s usual ramp job has levitated the futures just ahead of the open.2017-02-01 USDJPY 60 0600continued for members


Sorry, this content is for members only.

Click here to get access.


Already a member? Login below

Remember me (for 2 weeks)

Forgot Password