Some big swings continue
The volatility continues in the various markets.
Crude oil saw 5-6% gains the previous two days with a move down on Tuesday and a retracement higher yesterday. Today, the move is back to the downside. The price moved back down to a low of $57.44. That is just above the low at $57.25 from Tuesday/early Wednesday. The price is currently down -4.85% or -3 dollars at $58.18.
The Nasdaq index has had wild swings today with the pair gapping lower to down -119 points, rallied to +22 points. The price then moved to down -175 points and is now back to unchanged. ON a % basis, the price was down -1.35% to up 0.17%.
Bitcoin is back down over $3000 today after moving up $2475 intraday yesterday before plunging $3100 from that high into the close. Today, the selling has continued and trades at the lowest level since March 8th.
There is lots of volatility out there. Buckle up.