Trade Aptitude

Results of Tuesday’s Best S&P Futures Turning Points: Buying 4547.50 offered a 4-point scalp and the breakout did similar on a very narrow range day. 

Today’s Best S&P Futures Turning Points (consider wider stops and less size in fast moving markets): 

Buy 4521.00 stop 4517.00. Short 4598.50 stop 4604.25. 

The World Index: (+100/-100) rises from -29 to +7 in a world of mixed sentiment and low volatility. 

Catalysts: Jobless Claims & Durable Goods @ 8:30. UofM Consumer Sentiment (revised) @ 10:00. Crude Oil Inventories @ 10:30. NVDA beats, drops, and rebounds. Holiday doldrums likely. 

Quick Tip: Be Grateful

You have losing trades, streaks, and even drawdowns from time to time. Deal with it by focusing on all you should be grateful for. 

Happy Thanksgiving!

Trade Fearlessly,

Mike Siewruk