Scott Burrill - Market Notes

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Levels for Wednesday

Sep 11, 2018

Markets threw off volatility and resumed their upward trajectory in a what amounted to a violent short squeeze off the opening.

This is evident across all major indices.

Tomorrow has several potential catalysts as markets probe the outer edges of their option implied expected moves and pre-computed fractal levels.

Notably, inflation numbers, Fedspeak, crude inventories and Apple's Special Event dominate.

Speaking of Apple, we quickly analyzed recent key events such as conference presentations, developer conferences and past media events such as tomorrow, and the mean return certainly can drive not only the stock, but the entire marketplace given its capitalization and index weightings should the market react favorably.

Other key index levels are reproduced below.

All the best,

Scott

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