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Spinning Wheels...

Today is more of the same as the market isn't going to do much until we hear the jobs numbers on Friday.

Technically, we're ready for a bounce and a good one if the jobs numbers are decent. If the numbers are bad, its hard to say what might happen until earnings start on July 12th.

My game plan over the near term, (5 to 10 days) will be to ride the charts up half way, then start rebuilding my short positions and taking some long position profits off the table.

To key is to always remain fluid with the markets movement, trading both directions and often.


Disclosure: Long DIG, SLV, VXX Short SMH, UWM