Hello Everyone,
Quick Note: The major indices all moved higher today (over 1 percent gains) with a small upside range break but still remain below their prior peaks from last week. With today's moves, one should trail up stops further in accordance with their plan and risk tolerance. The VIX continues to move lower (into the open gap) and closed below it's lower BB so worth monitoring. Tomorrow, let's be aware of the FOMC minutes at 2 EST.
Lastly, I want to wish everyone a Happy Thanksgiving!
Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night. Consider making a fresh top 4-6 setups each night and put on front page along with existing trades. My advice is to keep your total ideas to a manageable number (very few in volatile market). Lastly, it's best to wait at times for valid setups to form - sometimes less is more. Big moves tend to occur first and last hour and overnight sessions.
Please take a moment to look at the trade ideas.
