Not much to say today dear readers. What does one say on a low volatility day like today? Not much dear readers, not much :).
If you are confused about where the market is headed, you are not the only one. Normally, such action would indicate that the market is topping and looking ripe for a pullback, but how often has that worked in the recent past? Sometimes taking no position is the best position one can take. Get away from your computer screen and enjoy the beautiful summer days. Spend time with your loved ones. Don't trade just for the heck of it. Don't force things to happen. Let the market come to you. Wait patiently for your prey. When the game is not in sight, you don't just wildly shoot your weapon everywhere hoping to get lucky. Then why trade that way dear readers?
Take care and good luck.