Hello Everyone,
Since moving down sharply last Friday (broke down from bear flag), the SPX has traded in a range approximately (3620-3720). In not going to get into wave counts but the recent sideways action is likely a wave 4 of some degree. The VIX continues to move higher and remains above it's upper BB. Earlier today, I posted a list of FED speakers (see sticky post at top of trading community) and associated times for tomorrow including Chairman Powell. Expect more volatility with the current structure and news backdrop.
Please take a moment to look at the trade ideas.
