Thoughts....

The Weekend Update and the Index Watch is complete and posted.

I didn't have time to do a full update this weekend because my wife has been in the hospital all week. I don't see much of a point posting the short setups anyway. The majority are failing and the one's that work have worked have been good for nothing more than short term scalps. I think it's a losing proposition to think it's possible to always trade the same setups. It's a concept that can be difficult to embrace, but it's imperative we focus our trade's around what's working. Going short at resistance isn't working. Buying pullbacks to objective support or the breakouts on increased volume is the way to go. Remember, skilled traders realize that certain setups are profitable in some environments. In others he avoids those same setups at all costs.