Next session · the S&P 500
Tuesday · Sep 29
Red is the chance of a lower close, green a higher one. A normal-sized day expected, leaning slightly lower. The dashed line is the options crowd's own spread.
Conviction held near a coin flip until our track record proves the signal
Mixed signals from the options crowd. The options pricing is even on direction, and broadly agrees on the size of the move. Options activity looks about normal for direction.
Options activity looks about normal for direction.
We called 5 of the last 10 sessions right. A coin flip on direction is about half. We keep score in the open.
Each call is marked only on the move from the open to the close, the part of the day still ahead when we make it. We restarted the score on 8 Sept.
Whether the overnight move in futures holds into the 9:30 open, or fades in the first half hour.
ES/NQ overnight strongly red
Futures heavy
Updated 4m ago · 11 signals
An outlook built from live market data. It is not a forecast anyone should rely on, and it can be wrong.
Market intelligence only. Not financial advice, not a recommendation, and not an offer to buy or sell any security. No trade execution.