The market was mixed most of the day Today, it pushed lower in the final minutes, but kept bouncing back and forth until then.. Volatility (VIX and RVX) increased by a bit Today, and that isn't helping the position yet. Then again, a small drop in volatility will make a huge difference here.
The 5-Day volatility spike registered another -0.5 extreme. If we back off, we'll be going back into the range, otherwise chances are we're looking at a down-trend starting up..
Position's Details:10/27 RUT Iron Butterfly10/27 MNX Iron ButterflyPrice Action & Forecasts:
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