Scott Burrill - Market Notes

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Scott's notes
Scott's market Notes

Updated Levels

Oct 24, 2018

Good Afternoon:

With 45-minutes remaining in today's session, please find updated key equity index Levels along with additional observations.

In the SP500, a major risk confluence zone is 2682 and 2626. These are likely to see heightened liquidity.

Peering into our Model-Informed Market Thermometer, we see more informed selling across the board, with notable liquidation in the Communications Sector.

This is also showing up in increased volume metrics.

Typical Active Names are predominantly to the sell-side.volume metrics.

Noted Block Activity in the Financial Sector.

Updated Levels.

All the best,

Scott

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