Price action today was extreme to say the least. Machine trading gone mad I think.
I expect more pain but we can’t sell into this as it will probably turn on a dime up 500 points on the open soon enough. Keep your longer term perspective in mind.
Many price levels are nearing or on support so I don’t expect this nonsense to last too long.
I’m looking forward to a buying opportunity when this madness settles out.
Trade Smart,
Don