New Swing Trading Chat Room – Take the 1 Week Free Trial
NEW SWING TRADING CHAT ROOM - TAKE THE 1 WEEK FREE TRIAL
Posted 9:30 AM ET - The market staged a nice little rally yesterday and for the time being rate hike fears are low. We are trapped in a tight range and the summer doldrums will last another week or so.
The jobs report will be in line (200,000) and it won't spark much of a reaction.
September is typically a bearish month and I am keeping my overnights to a minimum.
The volume will return soon and once we breakout of this tight trading range we should see a sustained move. That will set us up for some nice swing trades and I have recently added a Swing Trade Chat Room. My goal will be to post a few trades each week and we will focus on options strategies.
Take my one-week free trial and you will see some longer-term trades that I've posted.
We are finding nice day trades, but our activity is minimal. We are patiently waiting for setups and our targets are passive. The key this week is not to get trapped in a bad position.
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