We've got four cycle inflection points lining up for the weeks of August 4th+11th. These inflection points were measured from key peaks-troughs on various timeframes from 2009-2012.
Whether these are suggesting a peak or trough remain to be seen(two suggest peak, two trough), but it may actually be worth being long vol into August expiration.
In January 3 points suggested a peak and gave us the 6% January correction.
There's no point in trying to predict the future, but having heightened awareness can't hurt, especially with the divergences we're starting to see in high yield + small caps.
Trade 'em well
No comments:
Post a Comment