Watching for the Character Change
1,153 views · Published 11 August 2016 · 8:06 · Indexed 12 November 2026
Channel: TheoTrade, LLC · 2016 · Education
After seven years of a relentless bull market, and now with super-low implied volatility, traders are getting restless and looking for some two-way tape. When corrective price action does return, it will be accompanied by a change in the “character” of the intraday price action, which can tip us off that cracks are appearing in the foundation of this bull juggernaut. Let’s keep trading in the direction of the trend to keep trades simple, while keeping an eye out for those small changes signifying that things are about to get a lot more fun for those of us that sell options. Guide to Getting Short and Collecting Income: https://theotrade.com/getshort/ https://theotrade.com/total Get Market Cliff Notes delivered to your inbox each trading day: https://theotrade.com/cliffnotes Get more free videos like these delivered to your inbox each trading day: https://theotrade.com Get free thinkorswim® tutorials: https://theotrade.com/tostutorials Subscribe to our YouTube channel: https://youtube.com/theotrade Follow TheoTrade on Twitter: https://twitter.com/realTheoTrade Become a fan of TheoTrade on Facebook: https://www.facebook.com/TheoTrade Follow TheoTrade on Pinterest: https://pinterest.com/theotrade