February went down the toilet, breaking the November lows, 20 year trend lines and a new monthly closing low. Not good signs. With all the doom going on, I had my best day trading week thus far. Finished the month in the green. Just sticking to my rules and waiting for the trade to come to me. Can be pretty boring, but it's cool when it works!
Reviewing some of the market indicators and how they reacted in the recent past, we should get some kind of movement in about 15-20 days starting from the Feb 23rd low. So late next week we could have a nice little rally. Just in time for St. Patty's day??
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