- Ryan Mallory
I understand if this market has you perplexed today. As well as the market from Wednesday, Thursday and Friday of last week.
This is a very difficult market to trade and it has been that way for over two years now. The bulls can't sustain momentum, and the bears can't come through at key inflection points on the charts, instead relinquishing control to the bulls every time.
So here we are again, the Nasdaq makes new all-time highs, the S&P 500 gets close to it and suddenly "Bam!", "Wham!", "Boom!" the market immediately sells off again.