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Five Futures Landscapes in Around Five Minutes – Dec 7, 2018

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Markets nervousness for buyers and sellers show in the wild swings of increased volatility, likely amplified by program trading.  This, however, is not a problem for us as we see clearly the lines that power can hold and fade- keeping us (as members) on the right side of the trades in the market and showing some excellent results for the day. We remain engaged in an intermediate bearish motion.  As mentioned yesterday, bounces will lead to more selling in general, and the sharp bounces we saw across indices are not holding this morning. We must continue to watch our edges carefully.  As you will note from the video results, we were stopped out a few times before re-entering to targets so we have to think about the nature of the waves of motion while engaged.  Some traders are holding out hopes that a Santa Rally still arrives…….

How about finally starting that trading journal?

You should – Here’s an easy way to keep track of your progress