staying within a range of 286.07-303.37. input based on market open for monthly candle inputs:
30 DTE 1 standard deviation IV 10.24 month open 294.72
accommodation from fed is on going during transitory period. there are shoots of optimism growth wise. DXY virtuous cycle still in tact and likely to remain intact, the dollar is putting a cap on gold meaning a strong dollar is bullish for equities
@Teklologist, oh I agree the show runners needed means to unite the houses using a common enemy. With prophecy and build up the let down made me think of lost.lol. the same goes with the market. Powell was able to ease/use tools but keep the prospects for growth alive(sharp reversal in the dollar). He also put to rest the idea of easing... For now