Scott Burrill - Market Notes

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Levels for Tuesday

Levels for Tuesday

Nov 20, 2018

With Volatility of Volatility (VVIX) at only 112, Markets are still shrugging off the current selloff, as having seen this movie before.

Until we really feel the fear, and any experienced trader knows what that means, we will ping Level-to-Level, efficiently.

Traveling well outside of the weekly option implied move, as we currently are, puts us on notice for a potential 3-sigma move or + / - 141 points from last Friday's SP500 close of 2736.

Updated Levels.

All the best,

Scott

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