SPDR S&P 500 (SPY)

[USDollar]

that recognition comes with a trading system follow-up failure
I think that ANY single short term trading system would do
it doesn't have to be something special, but it has to be something that works above coin toss 50% of the times

that's how I recognized what's going on very early in the day yesterday .

a trading system is conditional and has if A then B, if AB then D and so on
A failure which in itself failed amounts to NON-system, or system failure or ...chop chop chop

hence my comments so early in the day and 100% accurate

but not all systems failed, so other systems allow chop within certain parameters
in other words the chop can be quantified (and traded)

even plain stupid vanilla visual can be done - if you look at a say 10 days of intraday it should clearly jump at you the fact that SPY had a complacent intraday repetitive (parking) ranges between 278 and 280 ($2)
On this alone one can make a successful trade plan of "what do I do if the SPig ranges"
but this requires an extra layer of trading and discipline to allow that BP to only be used there and be used there mechanically

I assume I have near zero credibility and my posts are totally ignored as was that one early in the day which is comical

echo echo

no worries, today I think SPY will have increased volatility

echo echo