Ready to trade with an edge?
After the morning move, all four of the indices chopped sideways for much of the day. For reference, the S&P moved in a range of less than 10 points, after the East Coast lunch hours. We’ve had profit targets that have been wider than that!
One of our members described it as being similar to “watching paint dry.”
With no setups in the indices, we turned to the 30-Year Bond Futures (/ZB) to find edges that we could fade.
We had a total of 3 trades, with all 3 being winners, for a total P/L of $968.75.