Today is Thursday and Thursday's are the famous roller coaster (reversal) days. Add the Draghi on Roller Coaster (reversal) day and we should have some major volatility today. Whether it shoots up and continues up or tanks and then does a reversal remains to be seen. Bad news out of Draghi may see us fall off a cliff today with no reversal but I doubt Draghi would do such a thing although we tanked after his last speech this quarter.
Trade only what you can afford to lose this week and next week as options expire next Friday and Draghi speaking this week.
Trade only what you can afford to lose this week and next week as options expire next Friday and Draghi speaking this week.