Update

I have been working to modify and automate my trading strategy to make it more disciplined, across more markets, and in more time frames, to offer more assistance in your trading.

The system on a day to day basis is very reasonable to follow manually but requires much more patience and larger stop values than intra-day traders would expect. For those reasons, the day to day system is more suited for option positions than futures.

It's a good environment in my view to consider writing options on the sp's because of the relative high volatility (higher premiums) and a market that is 40+% off it's highs.

As for today's markets, the S&P's may have room to rally to over 800 again but should hit substantial resistance again around 810 if it did so. The dollar and gold can still be bought on dips and interest rates are still range trading. Technically, crude looks strong intra-day but is analogous to the S&P's at 810.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results