Traders,
We are in the business of reacting to markets and not predicting markets.
Predicting is gambling, reacting is trading.
Last we issued a gameplan to react to a bullish scenario if the market does breakout of a significant level.
The good news is…WE ARE PREAPARED for a breakout!
The bad news is…that breakout might not happen!
This morning we are seeing a big development from a momentum perspective, and this dramatically impacts our trading.