The market couldn’t figure out where it wanted to go Wednesday, which is not all that surprising after another, and somewhat unexpected, potent down day. Just when the bulls thought they were out of the woods, the bears fought back yesterday, engulfing two days of gains and putting the market back under pressure. The market got a feeble bounce early in the day today, but pulled in hard through lows before climbing back above.
Just as the market was indecisive, many trade set-ups were choppy and frustrating for active traders. For more individual market and stock commentary, watch Scott Redler’s Daily Recap video below.
*DISCLOSURE: Scott is long GLD
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