Large Cap Skew - Market Analysis for Jul 15th, 2019

Here is the large cap skew. In a bit I'll create an excel file for drop box and post the link so you have it. A few notes: 

Note the charts that are behaving badly, I have noted 'no clarity'. Honestly, in looking at those two, I am wondering if they live. I need to see more. For Ripple we are skimming the bottom of our triangle and I half expect it to breakdown. We are right at support now. I'm going to punt on that one until more clear. 

Now, you get the typical lecture: don't trade on skew alone unless you are wiling to manage short term volatility at least with some of our position. A moon count is nothing if the chart cannot perform on smaller timeframes. I am having a very difficult time believing the charts for NEO and LTC. I have down shifted both to make them seem reasonable. LTC to the 1.0 extension, and NEO to the .618. 

Note the factor that always proves different from start to the next cycle is time. We have NEVER seen all these degrees line up in time. I do my best but it is always off. 

Screen Shot 2019-07-15 at 11.48.56 AM
Screen Shot 2019-07-15 at 11.48.56 AM
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