No doubt, traders are waiting to see which way it breaks (convincingly) and whether it holds.
Thursday, April 04, 2013
Day 12 of Whipsaw Action on the SPX
Today was Day 12 of alternating up/down market-shaking activity on the SPX (Day 15 on the ES), as shown on the Daily charts below...apparently, something not seen since 1981.
No doubt, traders are waiting to see which way it breaks (convincingly) and whether it holds.
No doubt, traders are waiting to see which way it breaks (convincingly) and whether it holds.