Morning Ideas October 1, 2021

Hey traders,

Start of a new month and new quarter and we still see the whips in the market.

I think the volatility is here to stay as it appears the market is now having a really tough time holding onto higher pricers.

There is some options expiration burnoff again today, so it will likely be a noisy open again.

I'd be careful of being short if the market can get back into 4340 and hold above it. 4295 is a slippery slope below.

Good luck!