Monring Ideas June 21, 2021

Likely to be a volatile week this week. I would expect the markets to finally break out of this level as we now have a lot of options expiry behind us.

We are trading right smack in the middle of the range at 4177 when i'm writing this. I would expect to continue to see chop, but for the market to pick a side this week.

All of this means to be careful when 'Fading' a move to the edges of the profile this week.