As Nasdaq indexes rallied, oddities have risen

Even as the Nasdaq 100 (and broader Nasdaq) rallied to record highs, options traders have been pricing in higher volatility going forward, so there has been a positive correlation between the NDX and VXN. Breadth momentum has slowed, too, so the McClellan Oscillator was negative. Combined with Monday's price reversal, it suggests caution.

This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.

Not ready to signup up for a free trial yet?

Signup for our Daily Lite email to receive highlights of our daily report, research and studies.

Follow us on Twitter:

Subscribe to our Youtube Channel:

RSS Feed

Subscribe to the Blog RSS feed