The Roller Coaster can be fun. Today was not fun for most traders. Lots of pain with all the ups and downs. A great market for Spreads and Condors with their defined risk.
5 Day, 15m. - May 28 -A very volatile day of multiple ups and downs. You had to be armor plated to deal with this one. The market is a real battle between Bulls & Bears and awaits a breakout to one side or the other.
3M, Daily - May 28 - There seems to be a very slight tilt to the downside. Prior support can act as new resistance. Resistance will be challenged and it remains to be seen if it will hold. A breakout below the channel would be very Bearish.
The Roller Coaster can be fun. Today was not fun for most traders. Lots of pain with all the ups and downs. A great market for Spreads and Condors with their defined risk.
5 Day, 15m. - May 28 -A very volatile day of multiple ups and downs. You had to be armor plated to deal with this one. The market is a real battle between Bulls & Bears and awaits a breakout to one side or the other.
3M, Daily - May 28 - There seems to be a very slight tilt to the downside. Prior support can act as new resistance. Resistance will be challenged and it remains to be seen if it will hold. A breakout below the channel would be very Bearish.
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