July 21, 2017

Patience, Patience, Patience

First, I would like to thank all of you for your well wishes. Macey is feeling better than ever. Good enough that we can journey down to Boston to check out the Museum of Science and a few other notable sights.

As for the market and the strategy, there has not been any true extremes this week. I would expect to see the 4/20 gap close next week which would definitely move a few of the ETFs I follow into a short-term extreme state.This is when patience is a virtue. Don’t trade just to trade. Stick to the guidelines. Don’t push it. Let probability work for you. Yadda yadda.

Anyway, I hope all of you have a wonderful weekend and I look forward to bringing you the High-Probability expiration Report next week and hopefully a few trades.