Sunday, April 2, 2017

VDX Updates Turn Neutral...04.02.17

This week's VDX charts all reflect neutral status.  This is in stark contrast to last week's charts when everything was overbought or oversold to the extreme.  The VDI+/- lines are in crossover status suggesting that the skew is near the zero line and we're likely to see some volatility surges this week.
Delta neutral is a safe way to play these odds as it's unclear if momentum or mean reversion will become the paradigm going forward short term,
Trader's Outlook is bullish but there are a number of caveats that may derail that path.;