Big Picture Update

Here we are, back in the soup once again. Yesterday, the Dow Jones Industrial Average fell 380 points (1.5%), the S&P500 fell 30.45 points (1.1%), the NASDAQ fell 24 points (1.6%) and the Russell 2000 fell 24 points (1.6%). This price action will not come as a surprise to subscribers to theOptionsEdge.Com. Bond prices moved higher as TLT the 20+ year US treasury bond ETF rose 0.75% as the 10-year bond yield fell 4 basis points. UUP, the PowerShares US Dollar Index ETF was up 0.3%. Our trade suggestions look like they are aligned with market action. But this big question is, what is next?

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