The Black Box

[wahz]

We got that gap and crap that everyone but me seemed to expect yesterday. Now my two scenarios from the weekend would have been and still are:

1. A rally that takes us to a range of ~1403-1520, while we wait for fa to kick in for the next leg up.

2. a trading range market between ~1320-1460 while we wait for fa to kick in.

Obviously I am positioned for number one, and we are getting number two. The danger is we get worse than number two, which is possible but not at all likely, imo.

My indicators will tell me when to cut losses should we be getting something worse than number two.