Congressional wrangling over the debt limit has made the markets jittery lately, providing us with an excellent opportunity to look for day trades in a more or less trendless flux. We spent time on the intraday charts of the E-Mini S&Ps, then segued to the Dollar Index, which was in the throes of a steep rally. A highlight of the session was a detailed explanation of the bullish butterfly spread in Silver Wheaton that we’d been attempting to leg on as the stock swung wildly from ebullience to despair.
