Hello Traders,
What a mess!
Not that it hasn’t not been expected, it has.
In Monday’s Advisory Letter I wrote “While any day or day-to-day move may seem meaningful, the bigger picture continues to suggest that the upside or downside is limited.
In other words, the expectation is for continued choppy price action.”
It is going on a long time, but there is nothing that we can do to change it — of course.
It won’t last forever, it never does, but the day-to-day whips back and forth aren’t pleasant to sit through.
Here is an overview of the action and thoughts
For best viewing play the video in full screen.
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Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Trading the Pristine Method — Origin and End
Dan Gibby
Chief Options Strategist
