Implied Volatility Has Begun to Rise

The market heads into the day in neutral territory as most of the major Country Fund ETFs have ConnorsRSI readings in the 50’s and 60’s. Implied volatility has begun to rise the past two days in anticipation of a pullback. But with the end of the month upward bias now in place, any pullback will likely be small as money is there to be put to work.

ETFs: DIA

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