U.S. markets will close early tomorrow, Christmas Eve and remain closed on Christmas day. Regular trading will return on Friday although who's really going to be around? Not me. Even though it's a holiday week though, I will still be charting in the background (mental health time) so check back when you find spare moments and checkout our "Charts" section for new setups. See you back here full time next Monday.
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With the holiday up us, I see volume drying up which overall is bullish (no heavy volume selling). Non-farm payrolls are the main focus however I expect any surprise to find buyers (algos) on any dip. There seems no marco headline news to alter this at this juncture.
We will be taking a brief holiday to return on the 7th however check in for our Charts section as you never know what will be uploaded during this down time.
We haven't had a double digit correction in 33 months. How much longer can it last is anyone's guess. I remain bullish but cautious.
Stock up your coolers, your propane tank or charcoal and enjoy the long weekend.
U.S. markets will close early Thursday and remain closed on Friday the 4th. Enjoy!
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