Market Plan for December 22nd, 2023
Move back to all-time highs?
Good evening folks,
The market has shocked everyone yet again as it made back a good portion of its losses from yesterday. We recovered nearly 40 points overnight, opening around 4740 (from a low of 4700 yesterday evening). After some morning chop, we dropped to 4714 before squeezing to 4750+ in the afternoon - an incredible move.
In the High-Roller Room, we caught a large part of the upside move - runners are still in place from our long at 4725.
Tomorrow will be the last trading day before the holidays. It’s usually a boring day, but given the circumstances - can we get an extreme move? Here’s my plan: