market ression feelings and bullish reality

This market seems like at best, a mixed bag of goods.

There is no way to know whether it goes up or down from here. My bias still remains long at this juncture, but the reasoning is starting to get clouded.

There are plenty of bearish reasons to be skeptical of this market, but in the grand scheme of things, there is no major breakdowns in price when looking at the SPX nor is there and major technical damage to the indices. Instead what you have is bearish developments, and possibilities, but no real confirmations. 

We are closing in on some major support levels, the likes of which, if they are broken, could no doubt change my perspective on this market. 

In the grand scheme of it all, we have to ask ourselves what aspects of this markets pertains to feelings and what pertains to reality:

The reality of it is that the market is still trending up and currently on a pullback (at this point). 

The feelings of this market is that with international concerns in Japan, and possible central bank exiting, it all feels like things might start looking like the summer of 2011 once again. 

But those are just feelings that we have towards this market, not the reality that we are faced with. 

So…Trade what you see, not what you think or feel for that matter. It will take a lot of the market noise out fo the equation if you do. 

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