Quick Update

So far the market is pretty much in line intraday, there's some slight weakness in the QQQ intraday, the 5 min charts never filled out. If the market keeps moving on this pop, I'll just leave the IWM calls in place and close them at the appropriate time and look for the entries in to the bigger trades.

Without the 5 min charts having filled out, I don't dare take on more risk for short term long/bounce trades, it's just management of existing positions from last week and setting up in to new positions, but first lets see how much of this holds, the VIX really looks like it wants to pullback and as I said, most intraday charts are confirming even though they never built anything much bigger than what we had Friday except in the IWM's case.