MacroVoices #371 Larry McDonald: Fed Will Be Forced To Cut By The End Of The Year
Macro Voices
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The Volatility Index
Spot right now is 312 approximately. Call wall above at 350, put wall below at 270. Implied move for next Friday's, on April 21st, is plus minus eight points. Upper expected move around 320, which is also resistance and lower expected move of 304approximately. Support's also at 300. Key resistance, as I mentioned before, is 320 and key support at 300.
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