After watching the market for the first 30 minutes, I, again, lost the interest to trade today. We are likely to have another choppy day. Man, I can’t wait for September to be over. NYSE TICK is hovering around +400 to -400. It spent most of time above 0. Volume is normal, nothing impressive. Bears are trying to sell the top, but I don’t think it is a good idea to go short at the moment.
From the first 30 minutes of trading, I see a volatile with slightly positive biased sentiment. I am not going to trade today. I just can’t catch where does market try to go today.
I will start my reading now. Talk to you later.
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