2015, The Year of Volatility

Europe opened extremely strong, which carried into our markets. By 10 o’clock the DOW was up over 250 points, and NASDAQ over 80.

• Sell: Long positions in the range of 18,100 to 18,200

At 12:30 one of the ECB presidents said he was against the quantitative easing, and as a result by 1:30 all of the gains of the day had evaporated. DOW was then down 135 points, and closed down 27.

• Oil hit a low of 44.20, my target between 40-45

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