Markets continue to be extremely volatile and choppy with increased volume this week given the contagion panic in finance and slew of macroeconomic releases. More data is due out tomorrow with Jobless Claims at 8:30am. Needless to say, there’s not much of an edge for swing traders at present, and it’s been good to watch from the sidelines as I noted at the beginning of the week. Though we’ve seen solid daily closes above the 21EMA on the Nasdaq 100 for the past two sessions, I’d be hard pressed to say the deck is anywhere near hot.