Allison Ostrander, Director of Risk Tolerance and Options Trader Specialist at Simpler Trading shares why she is watching the S&P monthly chart. More specifically the ATR (Average True Range) trailing stop is a key level to watch because if it is broken then a much more major selloff would happen immediately. Take a look at the chart below when listening to the interview.
Click here to visit the Simpler Trading website and follow along with Allison.
