Positive Divergence In S&P 500 Vix Futures

in #investing6 years ago

US equity indices have recently broken out of symmetrical triangle consolidation patterns. However, their upward movements stalled over the past ~7 days. At the time of this writing, all of the major indices were trading in relatively tight ranges. I believe that the current record net futures positioning of Speculators in USD, Crude Oil, and the S&P will prove to be a devastating combination for Main Street..

Screen Shot 2018-05-28 at 3.38.24 AM.png
$US500

Screen Shot 2018-05-28 at 2.30.33 AM.png
$VX