How to handle a yo-yo volatile stock market?
Yesterday’s 900-point DOW move got all given back and more as the rally was just a 4th wave. The depth of today’s fall tells us that cash S & P will at east go to 3930 and pull futures to 3920. If we are to get a 2nd wave to bounce off of Thursday’s massacre, it is most likely on Friday with Sunday and Monday looking more difficult than even today.
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For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.