Those making money options trading today saw the start of the day showing the market had some appetite for risk not present at all the last week of May. Nearly mid-day and the market showing continued appetite for risk. Looking like it’s going to be a strong up day at this point.
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Seeing a risk reversal about 1:17pm EDT
Reversal obviously now shown to be short lived on way to major up close predicted earlier in the day. Reading market movement isn’t always an exact science but I was able to refine the model a little bit today to improve my ultra short term forecasting.