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TRADERSAI - A.I. Powered Model Trades - INTRADAY UPDATE- 07/01

SP:SPX   S&P 500 Index
The gap up at the open - which we referred to in our morning trading plans - is on its way to getting filled...sooner or later. Market action after that will tell the real story of the near term directional bias. Until then, it is just noise and artificial manipulation (the "first of the month" effect as we mentioned many times in our daily forecasts).

Stay clear of buying into the hype! Thinking of protecting your money and/or hedging your exposure, before dreaming of multiplying it!

Patience is a virtue - in trading it is more of a necessity! Stay safe and don't get trapped in either direction. Wait for clarity to emerge in the market action.

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