We are approaching the time where a swift move either direction is likely to occur. Intraday charts are starting to look like an ascending triangle on the SPX and I don't like that given my bias. I'm monitoring and will get out of the way if they start to take off. Small caps still struggling as are the chips so it's going to be a real job if the bulls are to rally this from here.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
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