Market overview for March 25

Today was a wild roller coaster ride for the market! What a rush (whew)... A look at the SPY chart shows two signals for today. The first was a short at around 11:00AM. After chopping around for about an hour or so, it started moving down almost non-stop until around 3:00PM. The selling was relentless and there was almost a 300 point swing from high to low in the DOW.

However, this must have been the pullback that the bulls were waiting for. The buyers stepped in and took us right back up to end the day in positive territory. My signals showed a buy in the SPY around 3:30 and would have caught a nice move from the lows.