Scott Burrill - Market Notes

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Scott's notes
Scott's Market Notes

Weekly Market Update

Jan 20, 2020

Earnings Season is upon us, so the focus remains on individual securities. We see this in the Implied Correlation readings and the low S&P 500 Weekly Option Implied Move of + / - 30 points, and a range of 3359.45 to 3299.79.

The Weekly Trends and Bias remain up.

The calendar is full this shortened holiday week with potential catalysts from Davos, Tweets, Impeachment, the ECB, Earnings Releases, and Conferences.

Updated Levels.

Have a great week.

All the best,

Scott

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