Welcome to SPX Holiday trade
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With the Holidays in full force and every body on vacation, volume should be light and trading range bound. If you need to make money on the markets, not a good time to do it.
This is what I'm looking at for the rest of the week.
Happy Holidays! and may the markets go your way...
This is what I'm looking at for the rest of the week.
Happy Holidays! and may the markets go your way...
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The market traded up rather than down for the rest of the week, based on Holiday Euphoria, and copious amounts of REPO / QE. Still have yet to see anything resembling a peak formation. Trend is still up. Horrible Risk / Reward proposition.
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