tough day in the markets.  the S&P was down 2% plus.  We are right on the 20 day moving average.  As we have talked about numerous times in the past 1 day does not make a trend. 1 day is not even the beginning of the beginning of a trend.  the key is follow through. Without confirmation today means nothing.  but it does mean to keep our eyes open to the possibilities that the structure of the market has changed.  So be tighter with your risk. Take smaller positions and keep lots of cash

Share:

Facebook
Twitter
Pinterest
LinkedIn

Stock & Option Software used by Bulls on Wallstreet

Social Media

Related Posts

Stop Guessing.
Start Trading.

Secured Checkout Providers

Don’t Miss Out

Pre-Market Live-stream

Tuesday’s and Thursday’s at
9:00 AM EST.

Connect With Us…