Bulls in Control, but Vulnerable to "Bear Raids"
Clear levels on the ES to watch.
Our View
I am always concerned that when the markets go haywire, the small guys (retail accounts) get wiped out. A very well-known Chicago futures broker told me that in the first four months of the year, the firm lost 35% of its active futures and options accounts. I must heed the warning about this because I think the trading and the losses can get wo…