Beware of Days Like This

Two “pause days” in a row. The market is neutral and there really is no short-term bias heading into the day. Days like today cause traders to take trades that have little to no edges and they often churn their accounts when they do this. It’s best to wait for the market to move to a greater extreme (it always does) and then act upon that extreme.

For today’s official Daily Battle Plan set-ups click here.