usually a drop is followed by a much bigger rally that recovers the drop with a lot of added interest.
Expecting much higher moves up over coming days/weeks
the easiest money as i've said for a while, is to short oil at will!! it could go down to like $10 or so.
It's great fun to trade short each day and make some bunse
it's so annoying that there's not a better way to track trades on this site unless one has to keep quoting old posts all of the time.
I posted before about moving my stop to 2030 (which was hit for -2)
I am now long again ata 2020 - target 2080
cheers.
The trick when trading US indicies is to get long on dips, and if it doesn't dip (which is sometimes doesn't) you just get long on breakouts instead. sp500 is good for new traders because you at least know which way it's gonna go overall due to the innate manipulation! :)