Up 20 SPX points one day, down 10 the next; man is this volatile action? Pretty hard to game eh? I haven't really had much success today. Staying with the bearish intraday bias would have garnered some decent gains but I still think that that 1190 area should garner support if indeed the short term bias has changed which is what I do think. So, I'm pretty much in wait and see mode. I do not wish to forfeit recent gains and thus I'm not desiring to make a stand here with leverage or size. Easy does it, reasonably small steps here as I still lean long over all.
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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