"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •309 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 984.60 | +5.10 | +0.52% |
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WTI Crude •10 mins | 60.26 | +0.35 | +0.58% |
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Gasoline •17 mins | 2.091 | +0.006 | +0.26% |
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Ethanol •309 days | 2.161 | +0.000 | +0.00% |
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Silver •309 days | 30.82 | +1.16 | +3.92% |
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Silver • 309 days | 30.82 | +1.16 | +3.92% | |
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Copper • 309 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 63.19 | +0.35 | +0.56% | |
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Natural Gas • 10 mins | 3.629 | +0.037 | +1.03% | |
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Heating Oil • 14 mins | 2.053 | +0.013 | +0.62% |
Welcome to Art Basel: The…
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As today's chart shows, there is only one index that is still above its support line (the NDX). As today's chart shows, the Institutional Index, the NYA Index, the SPY, and the IWM were all below their support lines.
This is a high risk condition where the options market currently thinks that that can start to initiate some basing activity in order to halt downside movement.
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