Hello everyone, this past week we saw a return of Volatility in a very big way. In fact, Volatility Futures entered into a Backwardation market with the spot or cash volatility (VIX) moving higher than the August Volatility Futures contract….this is clearly indicative of fear returning to the markets as price action moves down. In addition we saw a large volume spike in contracts traded as the markets moved down this past week. Here is my take on the current markets in the video video below…for those of you that are not members of our User Group I would encourage you to visit our home page and check out our current special offers…we are having a good year and I look forward to finishing the year in solid fashion.
Don’t Be A Rat Brain Trader — Trade Smart