There are three benefits of taking an early signal, one is that you are in the money quicker, two is that you can just stay on and see if it will develop into something greater, and three, if you are wrong you lose small,
We are sitting under Daily resistance ~ 3145 level. The past week the ground work has all been done for this move up - so I dont expect much of a pullback, maybe another pullback after we take out the Globex high, but pullback only. SPX up 1%, wouldn't be suprised if we closed up 2%
Funny but i'm actually in the west coast, land of the fruit and nuts, i feel very out of place out here since I favor the east coast. Est coast is the place to be, not out here.
Its the universal truth of trading, early bird gets the worm. But stepping in front of the bus takes skill,