the s&p daily chart just looks like it wants to break down short term but watching it is like a slow death.
its like pure computers playing a game against each other. there is noway people trade this way there is no edge. this market is a punishment haha
my worst date was better than this. i would not even day trade a market like this your playing against computers with unlimited money. its like bubble ben with less hair and more wires.
I am not sure anyone trades the S&P or equities anymore... I am hanging out on the EUR/USD table. Quite a lot of fun to scalp at 50-1 with at minimum at least one 60-80 pip trend through the night... Last night was little dizzying but good trading. People are all either trading Forex or commodities... No reason to trade equities until volatility increases!