I had high hopes this morning with plenty of economic reports and earnings from Goldman Sacs and JP Morgan that something would increase volatility. The reports came in mixed and the banks had blow out earnings, yet the stock markets were not impressed… Volatility remained low and today had a similar feel to yesterday as the markets spent most of the day slowly grinding upward until they could no more. The only order flow trade opportunity was a short from the DTG46.50 level that never really got started. None the less, it’s today’s example trade opportunity.
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