Market Plan for December 29th, 2023
In the trenches...
Good evening folks,
As the market nears all-time highs, we are experiencing a high degree of chop. Neither side has the energy (or the volume) to generate significant movement. We hovered between 4790 and 4800 all day, a very small and tight range. In The High-Roller Room, we stayed clear of any action today and just entered one trade at a good price (which we’re still in).
Tomorrow is Friday, which is known for decent volatility. Do we finally break all-time highs, or do we end the year with a strong pullback?