SMC Update 7-7-21

07/07/2021


Comments (3)
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Optimus
Optimus

Thank you, Peter. Appreciate the update. Technical weakness is a concern.

spencerdavis2000
spencerdavis2000

Hey Peter thanks. I noticed today in the VXX while the markets SPX made new highs the VXX was actually moving up. I wonder how often the VIX or VXX can show this kind of divergence moving up with the market as it also did Aug 2020 the VIX and VXX moved up with the market before that long down move from Sept 2020 to Nov.
I think the VIX also hit its bottom and will start calibrating up higher prices versus the SPX

Hsiang76
Hsiang76

Short, crispy and with a call with conviction! LIKE:)

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