Last session on the S&P 500 futures market had something for everybody. The bulls got a nice run making a swing high not seen is 5 sessions, but the bears not to be outdone by the bulls posted a swing low not seen in 8 sessions. When Bernanke Speaks have your stops set and take profit if its available or go flat. Dont stray from your method and stay the course. Chaos is a great trading environment if you can remain disciplined and let the market show its hand. It does take patience but the reward is worth it. Now to the charts: Notice the broadening pattern. No way to trade this market confusion as expressed by this chart pattern. Stay flat!
