Hey Guys,
The market is around the same spot as where it was when I emailed yesterday. It had a nice upward drive late yesterday but then had an equally strong downward drive overnight and into this morning. The S&P 500 is below the 3900 level and the market is volatile.
I haven't picked up any new positions today. It's been quiet so far this week. If you look at back tests, they show that there are sometimes periods without many trades. So if we want to stay in lock step with the back-tested approach, it means we have to be patient through quiet trading periods like this.
There will be a few trades reaching their time limits over the next few days. Tomorrow will be EVBG from the low-priced account so I'll be closing that position right when the market opens in the morning unless it reaches its profit target or stoploss first.
If you have any questions or feedback, I'd love to hear from you.