Today was the day for swing traders. There come some days when you can't help but make money. The market opened with the gap on the upside, stayed sideways for a while then started creeping down. At one point selling pressure was so high price hardly rallied. For swing traders, this was that day of the month. For scalpers, it was business as usual.
But the interesting thing about today is that volatility was high. It was no big deal cause the targets were also big. As long as the price is above 300 big swings are here to stay. Prepare yourself for big swings!
See you Tomorrow.
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