The one thing we need to remember, markets are probabilistic and even though today’s sell off was decent in terms of points, we had less than average volume, and therefore, this could be a one day wonder, a week long affair or the grand finally. Time will tell. I call em as I see em and right now I see em as a two or four percent pullback at best.
As for specifics on where we go from here from a swing trading and technical perspective, everything you need to know for today’s market update is found in the video below.
Enjoy –