Levels, Ranges, and Managing Volatility
Today’s move was a gift for most of our book of trades. So now as we begin the week, what can we expect more of?
Today’s move was a gift for most of our book of trades. So now as we begin the week, what can we expect more of?
Although anything can happen in this market, remember this always shows you how the movie is going to end.
Consensus reasons are not the reason. Here’s why gold is moving higher and what to track to understand while fear is fueling the fire. (Hint: It’s not another market symbol!)
It’s continuing to be a great environment as long as we recognize that 1) We are trading in a greater-than-normal volatility environment. 2) Bonds, Gold, and Yen continue to tell the story. 3) Daytrading the extremes have been effective all week. It does not have to be long term to succeed in this market.
In this video, we discuss the massive sell-off from the Corona Virus effect. We look at levels, what to expect, and where the market might trade in the future.