How are you preparing for the holiday shortened week? I wrapped up another Exodus Strategy Session analysis and the results are in–index charts look bullish and my model carries a short bias.
This will be an odd week. The week after option expiration has been rocky recently, but going out and trying to short a holiday market sounds like a futile way to resist a slow market.
Defying the turkey gods is not on my to-do list this week. I will scalp short off conviction levels but not press. I will do the same for longs.
Tis the season for impulsive eating and deep bottles of Cabernet–but I will be exercising temperance with my trade expectations.
With signals crossing again, I am only looking to scalp.
If you enjoy the content at iBankCoin, please follow us on Twitter