Market Triggered ‘Circuit Breaker’ - Here's How To Trade It

What a day, first 15 minutes and already the market paused due to the fast fluctuation and the circuit breaker kicked in.

Level 1: If the S&P 500 drops 7%, trading will pause for 15 minutes.

Level 2: If the S&P 500 declines 13%, trading will again pause for 15 minutes if the drop occurs on or before 3:25 p.m. ET. There will be no halt if the drop happens after that. (This would occur Monday if the S&P falls 386 points).

Level 3: If the S&P 500 falls 20%, trading would halt for the remainder of the day. (This would occur if the S&P falls 594 points).
These circuit breakers have never been triggered in their current form

Outline the ATR to know what to expect once the market reopens.
Using the this method, the stops and targets can be calculated.
The noon or B part of the day is usually slower, and a better option to be realistically trade-able.

Use stops and be careful. The TradeScalper and Atlas Line both have stops and targets. Long and short trades were identified and plenty of options exist.

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