$MID Archives - CBOE Blogs

  • Technical Analysis & Charts | VIX | Education | May 15, 2015, 1:15 PM

    Weekly Market Commentary 5.15.15

    Weekly Market Commentary 5.15.15

    The broad stock market has continued to frustrate both bulls and bears by remaining within a trading range for quite some time.  However, today, $SPX closed at a new all-time high and thus is on the verge of an upside breakout.  While this produced much glee on CNBC, there could be problems once again if this breakout is not confirmed. The simplest confirmation would be another $SPX close at new all-time highs, and this time above the all-time intra-day high at 2125.92. Equity-only put-call[...]