I expect the market to hold up/rally until Friday followed by a decent pullback Monday/Tuesday. Then, more rally. In the meantime, I'm sticking with the same game plan I've had for the past 1.5 months. I have no overnight exposure/positions at the moment - just trading ES. I don't plan on shorting in a big way until August 7.
As usual, here are the updated forecasts:
SPX Daily Forecast
ES Intraday Forecast
Here are today's ES trades. I'm looking forward to posting the ES system results again in August. If you have any questions regarding the system, by all means ask.
Lastly, I'm contemplating recording (via video of course) some intraday ES trades for the benefit of people who may have a hard time grasping the system by simply reading the blog. Please take the time to vote (top right of the blog) if you think that would be helpful. If there is enough interest I may start doing it.
