Market Analysis for Trading on 04/09/2020

Mish Schneider | April 8, 2020

New ***With short week, will most likely manage what we have and not add-but stay tuned regardless. The risk/reward is the most important thing right now. Typically, we look for a risk of 2 ATRs to make 4-5 ATRs and more. I’ve adjusted that a bit to one ATR to hopefully make 2 ATRs-and then, like you saw today with SDS, do a quick exit. Active-No alert-XOM ATR 2.76 I liked it over 40.00 but

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