Sideways! Let's get right to it - here is the SPY on a monthly chart focusing on this week's action.

We received the "extended" term from the Fed Chief but also received the "at some point" it will end term. Talk about speaking out of both sides of your mouth. Perfect "Greenspanspeak".
Forex is moving a little - I tried some small Buffalo Bounces and Double top trades, but to no avail. With a trading plan and money management, February has been a good month so no complaints!! On to March and MAYBE volatility will continue to pick up... MAYBE....
The calendar is full of data over the next week - including the all important Unemployment report.

The snow is super soft at Deer Valley - skiing Lucky Star is kind of like floating. The groomers are killer! If you are going off-piste, the sun is high in the horizon, so stay North and ski early!
Have a great weekend and Be Environmentally Cool with Locals Have More Fun apparel!
No comments:
Post a Comment