Good morning traders!
The market is GREEN pre-market with the NASDAQ up over 2%!
This comes after a large move yesterday with the NASDAQ closing over 3% higher!
You are probably wondering…
Is This The Bottom?
Are We Going To Sell Off From Here?
And the answer to those questions is…VOLATILITY!
Yes! Volatility!
It does not matter if we bottomed or not as traders, it matters if volatility decreases!
A high level of volatility makes it harder to take positions overnight and be more comfortable swing trading. '
In this Morning Briefing we will discuss:
QUICK GUIDE INCLUDED with levels!
GAMEPLAN
SPY KEY AREA
Multiple Stock Charts With Pivot Points!
A commodity to watch if you want exposure to a dollar that falls (if it falls)
Bottom Line