The sideways market.. what is it waiting for?
Lack of conviction and conflicting world economic data has the S&P 500 in a wide slithering range which is chopping even the best.
best advice is to back away and only trade your best set-ups or remain hedged via a spread which captures declines in premium.
would like to see 1396 hold into the close to set the mood for this overnight session… the market behaves better when 80% of the bots are asleep.
If you have not yet… check out http://tradeforprof.it a twitter alternative.. as twitter has turned into a fairly useless medium for market related discussion.. Twitter is more a newsfeed and or bullhorn imo..