Hey Guys,
The market has given us lots of signs of strength lately. That could bode well for our upcoming trades. The S&P 500 is back up around 6,950 again, which is a far cry from where it was just a couple of weeks ago.
There haven't been any new trades yet today. Days with no trades can sometimes be uncomfortable to live through, especially if the market overall is doing well. What I try to remind myself is:
1) The strategy I use is based on a decades-long track record of success according to the research I did. I've learned to trust the strategy and stick to the plan.
2) My trading strategy is based on stocks first establishing a clear uptrending price pattern. There should be a lot of stocks that start to fill up the pipeline soon if the market's show of strength continues .
So I'm going to be patient and stick to the plan as always.
If you have any questions just reply directly to this email.
Eric