TVO Market Barometer 12/21/15

TVO MB 12-21-15

The weather outside is frightful… well, not exactly. The HG caught a pretty big chill on Monday (-3), but coming in a day after a huge surge in volume from quadruple witching made it seem like just a shiver. So the big holiday question that remains (aside from what the heck is a white elephant gift exchange, anyway?) is will we fill the big gap to SPY 205 in time for Santa? Well TVO currently has a red nose that can’t get too much brighter, and at -7.7 a volume reversal this week is likely in the cards. -MD

For more on market volume, The TVO System, The Heat Gauge (HG), or how to trade options follow me on Twitter (@TradingLicks) and StockTwits!