This kind of market action is a big pain in the neck. Choppy back and forth is not my kind of market. Stay tight and trade smart. Right now it is all about SPY 115 and the 50 day MA. Until we get that range resolved we are going sideways.


I wish I had something more profound to say but market psychology has been so damaged by the “flash crash” that no one knows what to do.

Be patient wait for this range to resolve itself and we will have levels to trade.