Week's End Video of DJIA

It looks like another day of selling.

Here is a video that was just sent to me by the guys at MarketClub, which walks through this week's selling and tries to make sense of it. They also provide you their thoughts on where the DJIA is headed.

Watch The DJIA Video

I'm looking at a similar retracement and share their thoughts about avoiding long positions until a bottom is found. I have a couple short positions right now, and one credit spread that I rolled into an iron condor.

Good trading!

Christopher Smith
TheOptionClub.com