Friday, July 24, 2009

Summer Volume

I'm starting to see some movement in the S&P e-Mini that makes me think the summer volume is setting in. Nothing special just noticing the wicks on the candles are getting longer and movement is less predictable. This is normal especially in August as most traders are taking off to spend time with family before the kids go back to school. Volume should return to normal shortly after Labor Day. If you have the luxury, it wouldn't be a bad idea to just take off till then but if you must trade do it with extreme caution.

Alan
LiveDayTradingRoom.com

No comments:

Post a Comment