Mar 192010

No news this morning however today is a quadruple witching day. Historically markets drift up with a lot of volatility. The daily volume has dropped off this considerably this week compared to last week. The lack of volume could add to today’s volatility. Fading near 1165 should work at least a point but be careful because the market may want to continue to grind up. The best trades should be the long fades.

 Posted by at 9:25 am

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