Friday, February 9, 2018

MTU Weekend Ed. - Reversing 2 (2/9/18 close)

SPX is trying to regain the channel (Chart 1).  Bullish scenario - red [iv] and green 4.  Bearish scenario - blue 1-down.
SPX delivered a visual five-down from the top (Chart 2  red).  Other options remain interesting (Chart 2 green, blue).

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