Monday, April 28, 2014

Choppy Trading..4.28.14

The real time SPY VIXEN in the right side panel shows today's dynamics.  Depending on the time of day we were various;y in the red or green...with a bullish surge into the close.
These days are daytraders''ve just got to be watching the screen all day and following the VIXEN crosses.
We'll still got a couple days until the end of the month and last week I suggested weakness ahead of an end of month surge so it will be interesting to see how the market plays out. What's different about April is that the last day of April and the first day of May occur in the same trading week...the first time this year such continuity has transpired...thereby relieving traders from over the weekend anxiety for the end of month/first of month bullish setup...another reason I'm watching the next few days with particular might be a doozy.