Market Analysis and Trades for 12/9
Time to Give Back Today's Gains
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The weekly post for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. It can be found here Market Analysis for the Week of 12/7
There were indeed amazing trades for today and they played out both overnight and during cash hours. I was sensing a heightened risk of a liquidation break and the ES short played out the cleanest to take part in it.
My final target for today was 6836.25 Thursday’s low where it was time to cover day trade shorts.
Low of day ended up 6835.25
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