SPY BASE HITS

Looking at today’s action I believe we will be range bound until next Thursdays CPI report. So in the meantime base hits only no home-runs took me all day for a 25% gain. We are back to bad news is good news time. Once again VIX is broken algos use the Vix to trade so as long as it remains between 28 and 24 we won’t go anywhere. Indicators they are work some of the times but none of them work all of the time. We lose money because we refuse to except what’s right in front of us so please have a plan and stick to it stop adding to losers and hoping the market will change in your direction. Okay I’m not going to start ranting take it easy. As always trade what’s in front of you good luck