If you had looked at futures last night, you would have thought the bulls would have SPX up over 40 points heading into the final hour of the day, today.
But no, we are at the same place that were were at when futures opened up at.
In a nutshell, this has been a snoozer of a day!
Nonetheless, the bulls are not losing any ground here, and if it can follow through with additonal profits tomorrow, you may see a retest of the March highs in the not so distant future.
Below are my trade setups. I have added one from the list so far today, and if the market can cooperate tomorrow, will look to add more. I’ve removed the trades that no longer offer a solid risk/reward, and that includes those that have simply rallied non-stop the past couple of weeks.