The View from 5th Avenue

The View from 5th Avenue – 20 September 2024

How’s that for a Triple Witching Friday, Sir Isaac Newton once said “what goes up, must come down”. In theory we shouldn’t be surprised at gravity by now, should we?! As mentioned on our Trading The Macro Call series (replay in link) we look for signs to confirm the SPX breakout and S&P futures are just shy of their July highs, so with main averages in the red for majority of this quarter’s “TWF” not much to be too alarmed on. As mentioned, volumes were elevated as expected a staggering +136% a…

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