'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, August 26, 2013

Monday's Market Update

The market made a different kind of moves today partly because its Monday, the first trading day of the week which is usually a gauging sentiment. The Nasdaq futures drops hard in the middle of the trading day when it move upwards into the open.  The Gold did not do any potential move except that it induce more volatility. Same with the Crude, though it gap up in the overnight open, it struggled for most of the whole trading day.