In this video, Bruce discusses the crazy market roller coaster we have had lately and what to make of it. Yesterday, we got the latest PPI data and today we had CPI data, but after the announcements, we did not get the clarity we hoped for and are still wondering what the FED will do at the next meeting in September. Bruce goes over the charts of the indices and talks about the most likely scenarios. Lastly, he talks about how to be proactive and protect your portfolio for these big, unexpected events.

In this update, Raghee follows up on the S&P trading setup that can apply to S&P futures, SPY calls and puts, and SPX calls and puts, using automated zones for entries and targets.

With today’s flush into the close, there could be a path lower if the bulls can’t reclaim some key support levels. Let’s take a look.

Where does a trader go to find opportunities when the market turmoil leads to panic and uncertainty?