Gameplan For Monday
Shortening the timeframes and time horizons – but not necessarily daytrading – will be an effective way to tackle the volatility of this environment.
Shortening the timeframes and time horizons – but not necessarily daytrading – will be an effective way to tackle the volatility of this environment.
As the saying goes “as goes the market, goes the stocks”. As the market indices continue to flash warning-signs, let’s discuss how this impacts individual stocks.
In today’s video I discuss today’s intra-day move and the significance of /ES at 3,950 and why trading below that could very well mean that this thing falls apart earlier than expected. We’ve been tracking this inflection point and while the daily put/call ratio doesn’t exactly scream short this market, it might be a blessing in disguise to be cautiously bullish as we dip into what could be a super volatile next week.