by Adam Beaty

Hope everyone had a good day in the markets today.  Market pushed higher getting us out of that recent consolidation.  Still coming up quick on the 1370 resistance so be careful trying to swing trade into that.  The name of the game right now is day trading with a couple of swings on good setups.  Don't try to step in front of this bus and get short.  This is a bull run with all dips getting bought so there is no reason to get heavy short.  It is better to get stopped out of your positions when the market turns then it is to sit back, not play this market, and wait for a turn.

by Adam Beaty

Happy Valentines Day Everyone!  Right now the SPX is looking for resistance around 1370 which only puts us 20 points away.  We should be looking to change up our trading strategy to fit this.  Now might not be the time to get heavy into long swings.  Look to day trade a bit more here until we have more room to work with.  I am still not looking to get defensive with short positions until we see the 20 day moving average and the 1300 level fail.  This market is still full of bulls and they are leading the way.