Good Morning Traders!
I hope everyone had an awesome Christmas and that Santa Claus brought you everything you were wishing for. The last 4 trading day of the year are likely to be very choppy and anemic on volume. Although, we have some economic data this morning it’s unlikely to inspire much activity this morning because so many of the big trading firms are simply on vacation until the 1st of the year.
Of course, there is always the chance that stocks could produce good entry signals but the chances of them really making a substantial move are unlikely. As for me, I will always be looking for good chart setups but as far as entering new trades that would be questionable. I will, however, move forward with trade plans so that I can be prepared to enter them when the volume returns.
Have a great day!
Trade Wisely,
Doug
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