“Although the cheetah is the fastest animal in the world and can catch any animal on the plains, it will wait until it is absolutely sure it can catch its prey. It may hide in the bush for a week, waiting for just the right moment. It will wait for a baby antelope, and not just any baby antelope, but preferable one that is also sick or lame. Only then, when there is no chance it can lose its prey, does it attack. That to me, is the epitome of professional trading.” – Mark Weinstein

The Russell remains our control chart with respect to the indices and in today’s session we are going to focus on why this continues to be the case, managing out current positions and new opportunities that are setting up.

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Wishing you a great day ahead.