Scott Burrill - Market Notes

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Scott's notes
Scott's Market Notes

Awaiting the Next Catalyst

Sep 23, 2019

My oldest son was married over the weekend in beautiful Ogunquit, Maine and there was no opportunity for an in-depth market and economic review; however, here's some background information I generate as part of my analysis as we head into month-end and quarter-end.

SP500 Weekly Implied Move is slightly higher at + / - 47 points or 14.3% implied volatility, with an Upper Edge and a Lower Edge of 3039.60 and 2944.54, respectively.

The Magnet is virtually unchanged from last week.

Weekly Trends remain up except in many Safe Havens.

The Economic Calendar is active.

While Conference Season continues.

Updated Levels.

Have a great week.

All the best,

Scott

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