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LGood Morning Trader!
Quote of the day: “Only those who have patience to do simple things perfectly ever acquire the skill to do difficult things easily.” – James J. Corbett
Trading is easy. Patience is hard. I feel this quote is very fitting following the action we saw yesterday. When it comes to trading more times than not after we force a non A+ setup we think to ourselves “why did we do that”. Or how many times have you said “if I did not just just take that ONE trade… I would be green on the day.
SPY Levels for the day: Hunch is we have a slow grind day that is not necessarily actionable.
No interest zone: 373.8- 377.17
Above Targets: 377.17 we see 378.77 and enough push 379.96
Below Targets: 373.8 and we go to 372 and 370.65