In this weekend’s video lesson we take a look at the overall market and its resilient nature despite the mixed internals. I also discuss the overall bearish sentiment in the market in the short term, lack of quality EOD swing signals, and why my focus remains on the intraday time frame.
Remember, if you are having trouble making progress in this tape, it is OK to be in cash. Cash is a position too. There are times when our methodologies are in favor and there are times when they are not. When they are not, there is no shame in cash.
Have a wonderful rest of your weekend and I wish all the best with your personal trading during the upcoming trading week. Happy trading. Aloha.
