Lots to talk about during this week’s webinar! We jumped right in with a discussion on the market’s recent nosedive, and I pointed out areas where we may see a turn. I also pulled up the VIX and term structure, which show the inversion of the curve, and talked about what needs to happen for the markets to recover. Yes, we have extreme oversold readings right now, but it is not likely to persist for much longer.
Then I turned my attention to my options trading 101 topic: new indicators I have been using, including the Ulcer Index, Chaikin Money Flow and Bollinger Band Width. These indicators are great complements to the primary indicators of price and volume. Take a listen below to learn more!