SPX futures are surprisingly strong this AM.
Surprising only because the SPX will be opening right at the top of the Bollinger Band on the daily SPX chart.
Simply put, I am starting the day with a bias for a net selling day in the markets. If we challenge, and exceed recent highs in the SPX during the course of the day’s action, I will close my short hedges and add to the longs that are working.
Check back later to see how this strategy works out.