The price action is not what I wanted to see. I closed out my positions into the dip and will just watch for now. No bias either way. The weak dollar is definitely helping the S&P stay afloat while Europe struggles.
The market is getting tougher to game the further out you get from the V bottom. If we can see some complacency over the next two weeks, it will set up another good selling opportunity. Best to just watch and wait for now.
Friday, February 5, 2016
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