Trade Plan for 12/19

The Liquidation Break

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. A recent update has been made with some additional content.

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

Pretty much everyone I saw on X was calling for a widening of breadth and a rally this week, certainly out of FOMC. We were skeptical in the weekly plan and my bias was to the down side. The bond market responded quite poorly, and equities were destroyed.

The question in front of us now is whether or not Santa has been assassinated or if he is about to say “I didn’t hear no bell!”

We came into an absolutely massive spot on ES and NQ today and the implications cannot be overstated.