A Day Trade on the S&P
By understanding volume, we were able to set ourselves up for a day trade that many others probably missed. Why? Traders, very frequently, are not using volume correctly.
They are either missing vital aspects of volume and price because they think they’ve already considered volume, or possibly they realize something is missing but don’t have the right tools. Check out today’s conversation about the day trade we took on the S&P.
We were able to position ourselves to be ready for the moves that were about to come because of our analysis and understanding of not only how volume works but the key levels that let us know if there is an opportunity or not.