Friday, February 5, 2016

Flattening Out

The price action is not what I wanted to see.  I closed out my positions into the dip and will just watch for now.  No bias either way.  The weak dollar is definitely helping the S&P stay afloat while Europe struggles.

The market is getting tougher to game the further out you get from the V bottom.  If we can see some complacency over the next two weeks, it will set up another good selling opportunity.  Best to just watch and wait for now.

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