Looking at the week ahead.

We have a negative seasonal bias for Monday and neutral the rest of the week.


There is  a positive bias after Jackson Hole meeting and an end of month type rally is common.


Bernanke's speech on Friday is a major market catalyst.


I believe there is no low-risk, high-reward trade in ether direction at this time and expecting higher than normal volatility to continue for some time.


There is lots of noise around us and we must focus on price/volume action rather than listening about fundamentals, technicals and sentiment. Focus on price action alone, it will let you know when and what to do.


I like this quote : "Rather than focusing on what you might have done,  focus on what you can and will do instead." 


Make it a great week !