Jan 29 2019 - Tuesday Watchlist
Here’s the options to watch this morning!
SPX / SPY
The market is in the channel created in Nov - Dec 2018. To confirm the new direction, we will have to break above/below the channel.
Sitting on the channel support. If that breaks down, the USO long is over.
VX / VIX
Double bottom on support at $18. The FED volatility short might get wrecked…