Topics for Indianapolis Trading Group:
Bob Shenberger - Markets Trends
Ken Yamasaki  - BPI and RSI
George Crawford - Market Musing

**1. High Volatility!: VIX > 15**
Market Unchanged after Iran Nuclear Deal Exit.  Unexpected Tweets, Strong Dollar Rise and 10 Year Interest Rate near 3% are not good for the US Markets. This year the /ES Futures has bounced off the 200 DMA 4 times. (Red line in chart). However, we are in a wedge pattern (Light Blue Dotted lines.) Wonder if price finally breakouts to the upside or downside. Keep your hedges in case price finally drops:  Risk Twist Spreads for the Quarterly Hedge, Dr Ted Nukes SPX Put Ratio for a 3 week hedge and 2v4 Week RUT calendar for 6-10 day hedge, and SPY, IWM, QQQ Long Puts for a few days hedge.
![](https://steemitimages.com/DQmYNAij9AWTHCXBKD8WXybm6Q4vA7VphcUArDaEQvuFtaF/image.png)
 
**2. E-currencies vs US Dollar:**
Bitcoin is holding the $9000 level. In spite of Buffett, Gates and Monger panning Bitcoin, Cryptos are here to stay. The other cryptos Litecoin, Ethereum, EOS and Steem are following suit.  This is a trader’s environment, where you can buy or sell a small positions and take profits quickly.   Are you mining cryptos in private wallets yet? US Dollar is still rallying up in anticipation of 4 more Fed Rate Hikes. Upside target is $95.
https://www.coinbase.com/charts?locale=en-US
![](https://steemitimages.com/DQmZrfiWpsy3DNTXbH9zMNh7cDxqXFKqmr4AbPUfhWqAqEy/image.png)

**3. US 10 Year Treasuries:**
Interest Rates approaching 3% again. The yield curve is flattening and could go inverted. In the past, this has been an early sign for recession and market drop. Perhaps this time will be different…...

**4. Cherry Picks Newsletter:**
Tasty Trade Researchers publish an awesome weekly newsletter every Tuesday. Check out the link below. If this blog sounds like gibberish, watch "Where do I start 101" free education series on Tastytrade.
https://s3.amazonaws.com/cherry-picks-s3-bucket-newsletter/live/18_05_08_tastytrade_Research.pdf?mc_cid=96e3cf2989&mc_eid=e9e24bad07
![](https://steemitimages.com/DQmRCb79RnZBkeSRMJ9wmS8ibr16AXyNAreRfTrahfFAkGq/image.png)

**5. TRADE Log:  VIX > 15 High  Volatility Trades**
1) Long GOLD, BITCOIN
2) Jade Lizards, Broken Wing Butterfly, Dynamic Iron Condors
3) Jade Lizard Adjustment Case Study

Theotrade - Doc Severson: Flip the Iron Condor in Today's Market
https://youtu.be/BCleKNfo_ag