Not much to comment on for today's session, aside from my previous two posts from today. A very sideways day where the SPY just barely moved within a $1 range.
I'm not really sure what to expect for tomorrow in terms of direction. It is a Fed day though which could give us more sideways behavior until 2:15 EST. So, all I have for this evening is some chart porn and where we stand in the SPY.
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at email@example.com
I am always open to questions, comments, or suggestions on how to improve this blog.