This has been a very interesting week. We had some big moves in the market that have changed my tune overall. I am skeptical but things look like we are going to pull back. I am starting to see that in some of my trading, I held on until my risk (sometimes a little bit longer than I should have) but that I am not a big fan of having to hold on to the risk. Therefore, I am restructuring my trading strategy at the moment and refining it to limit risk even more so. I took two day trades this week which went sour but it doesnt deter me. I know that I will be able to regroup and bounce back. I did take a bearish hedge on my positions today by buying up SKF. I've got to listen to the charts now and not let my own bias influence my trades. Yes, I like to go long and most of my trades are on the long side but sometimes you need to change it up and go with the market.

That's it for now. Today's close will be interesting to see if we can hold the 1040 level on the S&P cash. If not, we are heading down to the next area of support around 987. With that said, be safe and good luck!