This is a follow up to yesterday video where I spoke about which markets I’m watching for a trade this week. Remember holiday, shortened week trading can be volatile and often times has a bullish hue. I’d say about 80% of the time it rises even when there is no good reason for it.
I’m actually hoping that is the case to open a new short on QQQ as I was taken out of that trade from an option that was exercised. Just as well, as sometimes it’s a good thing to enter a week with a clean slate/clear mind having extended a 6 week winning streak on the markets. Those same trades that got me where I’m at over that period aren’t going to keep me going as it’s good to look for fresh trades.
Reminder: Thursday the markets are closed and a 1/2 day on Friday.
Bullish on TLT
Bearish on SLV, GLD, FXI
| . |
Post Written By: Zen Trader
|