The S&P 500 Futures Market has disappointed virtually everyone who has hoped to profit in a long or short position for the last several sessions. We have been flat through this period which is quite boring, but our capital is safe until the S&P 500 market resolves itself. Even daytraders have has a difficult go of it with few days showing continuation. After all the false breakouts, we still remain in the bullish camp. The market is still absorbing the tremendous runup of the New Year and can be a bit bumpy until enough structure is developed in the market. Trade only when setups are available.
