Day Trading Radio Blog Alert - Market Radar for December 18th Quadruple Witching

Published: Thu, 12/17/15

 
 

2015-12-17 20:10:10-05
Market Radar for December 18th Quadruple Witching

Markets doing a classic reversal lower a day after a positive response to the rate increase. Markets have shown this type of volatility before and if you cancel out any type of personal opinion  on how the market should react to these events you will see nothing has really broken from the norm. The 60 Minute time frame had gotten overbought and we had the 5 min coiled stochastic sell signal. There is no reason for me to try to go against something that is considered a perfect HPS zone to short or sell.  There was money to be made today I missed it because I over thought the process. Tomorrow is up in the air as it is quadruple witching, But will be watching mid morning for to see if we get any 60 minute reversal candles.

 




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