In this video lesson I explain why my cash level is still extremely high on an EOD basis and why it’s going to probably stay that way for a little while. I then show the mixed situation in the $SPY using my favorite technical indicators that I use to judge the momentum and trend of the overall market. I also explain again what exactly I need to see on the macro and micro side of the equation to size up and get more aggressive on an EOD basis. Great luck with your personal trading this week. Remember, there are bold traders and there are old traders. There are very few old and bold traders. Happy trading. Aloha.
