Tonight's market is destined to be volatile.
8:30 Unemployment claims, 9:30 U.S. stock market opens, 2:30 Powell speaks, and with the unstable situation in the Middle East, any of these news items could trigger fluctuations.
The market will move quickly; a single statement could dramatically sway the bulls and bears.
In times like this, the best move is—don't make a move.
Not trading is still a form of trading.
Watching from the sidelines is less stressful than being in the game, but at least you won't get hit.
Wait for the direction to become clear, then it’s not too late to make a move.