Loading the player...
This week was incredibly volatile. With the weak labor market data on Friday and the sell-off on Monday, markets’ volume was difficult to work through.
As day traders, we have the opportunity to go short on this opportunity.
Taking a look at the ES, it took a bit of a dip on August 1st, then took a major hit on August 5th. The index traded all the way down to 5,120 – This is a 240 point drop in just one day.
As day traders, if we were short here, we can use this to do really well. Keep a look out for more corrections as we navigate through this next month.
If you’re looking to take this to the downside and make some profits, start you trial in the Strike Zone Mastery room for just $7!