Action Reenters the Market, NASDAQ Destroyed, Gold Dwindling. Volatility spiked to the biggest movement it’s had in the last couple of weeks. – By Todd Horwitz, Bubba Trading

 


Potentially the start of a sell-off but we’re not going to start to sell into it. What we’re really going to watch for now is if there’s a subsequent bounce back rally that fails. That would be an indication that we’d want to be a seller. Volatility spiked to the biggest movement it’s had in the last couple of weeks. That could mean we’re going to see much lower pricing now..

~~~~~~~~~~~~~~~~

Click Image for Video

Todd Daily commentary and analysis can be found here.

Financial Markets & Political Commentary

 

 

Tags

, , , , , ,

Related Posts

About the author

Todd Horwitz - Author of “Average Joe Options“. Todd began his trading career in 1980 at the CBOE. He was one of the original traders in the OEX & helped start the SPX. He is a member the CME where he trades S&P futures as well as foreign currencies & is a regular contributor to CNBC, Bloomberg, BNN, Fox & many other major news networks.