14-Nov

Weekly Results

Another volatile week and another volatile day in the markets. The DOW traveled 1252 points today alone. With a morning selloff, then a rebound to new daily highs and in the last 30 minutes the market sold off hard into the close ending at the lows for the day. Many traders do not want to hold risk overnight much less the weekend including myself. The SP closed near supports around 875, now everyone will have the weekend to ponder if can continue up from yesterdays classic reversal. My only issue with yesterday was it looked too text booked style. We shall see if we can continue up next week.

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