The market is extremely volatile, and there's a decent chance the S&P 500 will touch the June lows of 3,636. That's 362.17 on the $SPY.

The market is very oversold. But that doesn't mean we cant become even more oversold before we bounce.

From the Desk of Kimmy Sokoloff

What a day, what a wrecking ball.

Let's say goodbye to September!!

Here we are, at roughly the 369 level in the $SPY that I've been talking about. This has been a target of mine.

We're looking at a big shakeout this morning, so I'll take it slow.

Yesterday was all about the Federal Open Market Committee meeting.

I kept my trades tight, as I didn't want to trade after the rate decision. And, as everybody saw, it was just way too volatile in the afternoon.

What a whipsaw that was -- the $SPY rallying up to 389 then dropping down to 377.