In this video, we discuss today’s bounce off the lows and the move that is once again approaching the SPX 3000 level. What should we expect now?
No doubt these markets have been a challenge but part of overcoming the challenge is to look for related opportunities and futures traders are especially suited to the approach I explain in this video.
In this current market, staying nimble with shorter term expectations for follow-through and accepting the choppy, unpredictable markets is key. Also focus on the markets and sectors that have proved to be resilient; that is where we find certainty…
While the S&P is coming off a double top, if the sell-off is to continue, the leaders to the downside will have to continue… as will the concern of potential impeachment proceedings.
Looking at the S&P, Dow, NASDAQ, and IYT for leaders to the downside, crude oil API data, and what the levels in bonds, gold, and the US dollar are.
