Charts I’m Watching: Nov 6, 2023

Things are very quiet this morning following last week’s spasmodic rally on a collapse of vol and sharp drop in the 10Y.

continued for members

Nothing much new today. Powell is speaking twice this week, and other Fed presidents are also speaking. Still looking for a reversal at or near the SMA50s to do some backtesting, but open to a continuing crash in VIX which would allow SPX to forget all about backtesting.