Results of Moday’s Best S&P Futures Turning Points: Shorting 4305.75 caught the high of the session and ran for 32.75 points before closing the day +25.75. Feel better about this gift by donating a slice to my preferred charity, the Alzheimer’s Association. Click here.
Today’s Best S&P Futures Turning Points (consider wider stops and less size in fast moving markets):
Buy 4266.00 stop 4260.75. Short 4289.75 stop 4294.25.
The World Sentiment Index: (+100/-100) drops from +29 to -21 in a world of Bearish leaning mixed sentiment with low volatility.
Catalysts: Nothing obvious.
Quick Tip: Adjust Expectations
It’s important to be in harmony with current market conditions. While being disciplined to follow your rules, ask yourself “Do I have different rules for volatile and quiet markets?”
Today’s Globex range is currently 11.25 points trading trendless inside...
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