This is an update to the post made on Friday. To summarize, we said the 4 hour time frame has broken down and we stepped aside from trading the Indexes. After today's action, the daily chart has broken down below key levels, so it confirms. We will sit on the sidelines and wait this one out.
All content is provided as information only and should not be taken as investment or trading advice. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. For further details, please refer to the Disclaimer.