This is an Intermarket Analysis chart review which graphically represent relationships (strong and weak) that can foretell how the currents are moving to better identify how stocks/sectors/indices will move! You can see my last Intermarket Chart Attack here.
Volatility of Volatility: Then And Now. My caption was “Careful”.
The safe-haven trade will likely be into the USD. It has only just started to turn:
And with that commodities, metals and miners likely fall.
Rates have run hard and fast. Getting ready for a turn down and with it watch financials short and TLT long:
Outliers Revert With Velocity
Not Done
Not Done
Crude at $66.66 was just too tempting not to short. It’s just starting I believe.
Last week I said I liked $XLE short $75 to $70 but I didn’t think it would happen quite so quickly. Likely bounces near $67 as $HYG makes its way to $85.
There will be more shorting opportunities in the indices but from slightly higher levels…theme remains: Careful.
Happy Trading,
Samantha
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At LaDucTrading, I analyze price patterns and intermarket relationships across stocks, commodities, currencies and interest rates. I develop macro investment themes to identify tactical trading opportunities and employ strategic technical analysis to deliver high conviction stock, sector and market calls. Through LIVE portfolio-tracking, across multiple time-frames, my real-time Trade Alerts via SMS/email frame my Thesis, Triggers, Time Frames, Trade Set-ups and Option Tactics. I selectively use Unusual Option Activity (UOA) and Deal Flow but no proprietary indicators – just solid chart pattern recognition, volatility insight and some big-picture perspective thrown in. Twitter: @SamanthaLaDuc
