Trade Plan for 12/05

SPY/QQQ

The weekly post for SPY 0.00%↑ and QQQ 0.00%↑ should be reviewed prior to this. Link to The Week Ahead

Be sure you have read the Trading Doggy Style Starter Kit. I will be adding to this over time, likely first focusing on example executions. Trading Doggy Style Starter Kit

Today opened on a true gap up (above yesterday’s high) so true gap rules applied. The opening 30 minutes chopped around followed by a partial back test of yesterday’s high, instead holding our daily level of 6072 (6072.5 low of day). If you aren’t familiar with reading true gaps I had done a video on it last week and it can be seen here.