Thursday, September 6, 2012

S&P futures update

S&P Futures Daily
I sure got this one wrong. The bulls went to work right at the cash open and have tacked on about 18points so far to 1429. A 20 point range would be 1431 on futures... and intraday volume is suggesting that as the high target area.

I don't have any trade setups right here. With most of the days move probably in the bag, and also the fact that I'm out of sync today.... I think the safest thing for me to do is nothing at all. Sometimes it's frustrating to "miss the move", but I'm getting better at shrugging it off.