Dan talked about his market view

Market Commentary

Brian Stutland May 04, 2010

Dan talks about RUT and SPX formed the head and shoulder pattern which signals downside movement. Investors are anxious amid concern that Greece’s debt crisis will spread through the region and rush to buy VIX upside calls. With SPX breaking down 1183 level, Dan will watch careful at 1168 level, the next supporting level. VIX reaches intraday high of 25.70 and closes at 23.84, up 18%.

Featured Posts

Are option traders expecting a major sell off in June? $VIX had been smashed today prior to last 30 minutes of trading and then $SPY puts found a bid. #EAVOL https://t.co/dpBynvQkB7

Are option traders expecting a major sell off in June? $VIX had been smashed today prior to last 30 minutes of trading and then $SPY puts found a bid. #EAVOL https://t.co/J0rHtKQWoB

I‘ve got my $VIX hedge on. #EAVOL The VIX is flashing signs of more market downside, Jim Cramer says https://t.co/1lkbVbpkS5

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