Trade plan was strait forward, (video below) buyers in control, avoid shorts and look for long opportunities. Thin day, less will be more. Pretty much what we got. The early weakness, or better stated the lag in NQ was a trap. Holiday trading favors longs. Not always, but most of the time. Hope all did well.
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Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential