It’s been a while since we looked at oil. the ETF that tracks the price of West Texas Intermediate Crude… This instrument is moving down to test areas of support and might offer some long exposure in the future.

  The S&P 500 index proxy (SPY) been stuck in a tight range due to some historic options imbalances. This is likely to unwind in a highly volatile manner and keeps us happy to be in cash while we wait for things to unfold.

  Western Digital Corp. (NASDAQ:WDC) was a trade we recently passed on, because the odds showed us that the breakout was likely to be unsustainable. How that breakout ended is more proof about the power of The 3D Apex Probability Analysis Layer™