$SPX Daily: The market continues to struggle inside support and resistance. The market has a number of possible structures near term, which makes the view clouded from the trading perspective. I still think it's likely that the sideways structure of the past few months will expand. Price moving up the past 5 days is loosing steam, and I still think if we push higher that resistance will force the market to stall.
My Watch List: Too busy to even look at charts today, but given the market, I'm probably not going to find much I like anyways.
From My Trading Desk: Today we sold our CYN for a small gain. It was a trade that wasn't materializing the way I thought, so I took a small gain. I'm really in a holding pattern more than anything right now. The market is challenging in this back and forth structure, so I want to keep my trading to a minimum until I see better structure and pricing reactions.
Happy Trading
J.D. Rosendahl, Rosey