Friday was a whipsaw, the Nasdaq, which entered correction territory last week, swung 7.5% through the day, finishing at its highs of the day. The SPY closed only 3% off record highs.
This morning futures are pointing toward continued volatility. Futures are in negative territory (at writing) so I’m keeping risk off until things settle down.
Energy plays are still bouncing, and Bitcoin hasn’t given up.
I’m bearish. Could trade SDS today.