Whack-a-Mole Market
In this video, we look at today’s continuation of the wild swings. We are once again having intraday swings in the ES of 50 – 100 points in both directions as we go higher and higher. This makes for a tough trade, but if we watch our levels, we can get a better feel for the market. I don’t think the market is going to get any easier to trade anytime soon, but we can make money trading it if we are careful. How do we trade this and how to manage risk in this environment? Lastly, what do we need to be watching out for in the next week or so?