$SPY have no direction, a few minutes ago, I tweeted that it might be doing an invert head and shoulder pattern. Please check the chart : $SPY Inv. Head and Shoulder.
This has to be one of the worst week in trading, I have ever experienced. I really feel like I wasted a day of my life waiting for the market to choose a direction, and it still refuses to do it. No even scalping have been very effective.
So best thing to do is to let the market show where it wants to go.
May you all enjoy your weekend.
