The big scalp continues. Higher highs or lower lows should be treated with suspicion today. The probability is that traders get trapped both ways today as the drama unfolds.

Given yesterday’s low in the Russell I think the odds are best for day traders to look to the buy side on any early weakness this A.M. for an early hold. Again, this will be a price action trade today.

I have no great insight this A.M. …Be patient and let the day unfold.

Model trading Portfolio…Current Holdings

No Current Holdings