We know that in the current market environment, any pickup in volume usually means more selling pressure coming from the smart money. While we’re in the middle of options expiration and the large institutional traders will bully the market around, the move we just saw shouldn’t have come as a major surprise. Just yesterday, I mentioned what would happen if we went below the lowest price from yesterday. In the video below I show you the charts and where I think the market is headed next.
About the Author
Trading and investing in markets is second nature to some, but a mystery to others. The goal is to provide a forum where everyday people aspiring to be part time or full time traders will learn how view markets differently and profit beyond their wildest dreams.
David Frost