In this video, we discuss the jittery market we are experiencing and the continued wild swings every day. As we look at the backdrop of economic data, we have a lot of reasons we could rally from here or we could take the next leg down.
It’s official. February is now on the books as a -2.5% loss after January’s impressive +6.2% gains. The question now, of course: Whats next? i.e what will March have to offer? Two things to remember… 1st is the 3rd Friday OPEX and 2nd will be end of Quarter with the Mar 31 Quarterlies. Each will require its own game plan.
As we prepare for tomorrow’s trade, let’s put the $SPX hourly squeeze through the “x-ray” machine to see what clues we can find.
In this update, I share three setups that are working together to offer long positions in the NASDAQ, Consumer Discretionary ETF, and TSLA.
