In this video, we look at the crazy swings we are having and the need to be fluid in taking sides in this market.
This morning we daytraded Visa (V) as that name triggered a clearing range break as the XLK offered better overall clarity than the NASDAQ futures and QQQ. This is what futures trading can do: Understand the market from a 40,000 foot perspective.
The US dollar buys are looking great against the euro and Australian dollar. Energies are still setting shorts on bounces and I take a deep dive into the futures and ETF options chain which has been a big request from members.
This is how to do this and still sleep at night — and two trades I have to take right now.
