Shardy's Day Trading Journey - Day 26 - Extreme Caution

 

The market range today was a total of 10 points. Meaning that it did not move a lot at all and for the majority it was a boring day. Economic woes of Europe still loom on US Markets and many think that a second dip recession is eminent.

Things to look out for this week are obviously what ends up happening in Europe. The Greek finance minister resigned today due to health related issues leaving many in more confusion.

Other news set to come out this week is a key Supreme Court ruling. One in particular is the health care reform bill. This will affect millions of people as well as companies. This is set to come out on Thursday. On the brighter side the US Housing market is on the rise but unemployment remains high.

Trade cautiously throughout this week and identify the trends before making any trade. 

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