Not much to add tonight that hasn’t already been covered in the last week or so. If you are new to the site, choose “General Market Analysis” under “Market Analysis” towards the top of the page to view all market commentary and charts in reverse chronological order. Irrespective of the current intermediate up-trend, the R/R remains solidly skewed to favor the short-side and the market action over the last week or so, including today’s action only increased the likelihood that the next 10% in the market is down before up. There are many existing short set-ups and active trades that still provide objective entries as well as some active long trades and set-ups that still look OK at this point so I am a little reluctant to add many more set-ups as to I’ve found that trying to manage too many set-ups and existing trades is like trying to hold sand in your hands… try to hold too much and it is bound to start slipping thru your fingers. Therefore, I will try to review the existing trades and set-ups to highlight anyone patterns that standout and maybe replace some existing trades and set-ups with any attractive new trade ideas. If I can’t get these out later tonight I will update the trades tomorrow morning.