There are certain indices and sectors that have taken the red pill and some that have taken the blue. The YM and RTY are the best choices for potential moves lower, while it’s best to stick to the long side in the NQ.
Two winners on our daytrades today while bonds are moving higher off their range and copper is moving a little higher through our short entry… it’s all another day in the markets and here’s how we’re handling it.
This is how you can be ready for anything…
It’s been a volatile back and forth, and don’t look for that to stop anytime soon.
The bonds are giving us two looks: A consolidation that could set up a break and an entry at the bottom of the current range. Here’s how I am setting it up.
As the news about the MRNA vaccine made its way through the market in the closing hour, the sell-off was swift and gave the bonds and copper a kick-start for our entries. Here’s what else is on my radar.
Let’s check out the index and VIX for clues as to whether the market has enough gas to keep going.
…In this video, let’s review the setup in SPY and focus on volatility through VIX. We will also review a couple of positions from the room session as well as some setting up.
