No New Positions

No New Positions

The market has retained and reinforced the small topping pattern as the market makers worked it to the large, open interest monthly and weekly options expirations. The biggest concentration is around 3900, and the market is hanging right there.

So let’s take the weekend and see if there are any great insights. Rates climbed again today, and there are a lot of nuances in bond market volume as well as the gold/silver ratio I need to evaluate.

Enjoy your weekend.

A.F. Thornton

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.

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