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ON DECK FOR TODAY’S VIP TRADE ROOM: Monday-Friday: noon ET How you’re using volume incorrectly, major levels, if TLT is ready to move higher, possible Bitcoin moves, Tesla’s next big move, and fast-moving stocks for the afternoon! JOIN US HERE! _________________________________________________ Mixed Market Signals: Why Chop Could Dominate This Post-Holiday Monday Historically and seasonally, the Monday after Thanksgiving tends to undo the rally from Friday, and things are mixed ahead of the open… I don’t know if today will be weak or just choppy. So far, I’m not getting hints of a major down move, so the chop seems the most likely outcome. So don’t be surprised if the market is rather boring today as we see a little bit of undoing. Gold, meanwhile, is seeing low volume while it moves along its major moving averages. The level to watch is still $2,784.50. Until then, I would avoid longs. For Bitcoin, one thing I don’t like is that volume is falling in a major way, which is hinting at a sharp sell-off. It’s still at the eight-day moving average, and if volume starts rising again, then prices should start rising again. The bond market (TLT) is still right at the 200-day moving average, and whether we move higher or lower from here is dependent on this week’s Fed data… We have the PMI Manufacturing Final at 9:45 a.m. ET today, ISM Manufacturing at 10 a.m., then JOLTS at 10 a.m. on Tuesday, the ADP Employment Report at 8:15 a.m. Wednesday followed by the ISM Services Index at 10 a.m., and then comments from Fed Chair Jerome Powell at 1:45 p.m. On Thursday, we have International Trade in Goods and Services and Jobless Claims at 8:30 a.m., and then the Employment Situation at 8:30 a.m. on Friday. That and More in Today’s ‘Premarket Must Watch’_________________________________________________ Target Weekly Cash In Less Time The BEST traders use SIMPLE systems to target extra income. You don’t need to: Be a 30-year veteran.Start with a large amount of capital.Know how to leverage complex options. All you need is a regular brokerage account… A few minutes a week… And a simple strategy that pays you every Friday… If you’re tired of trading systems that take up all your time… And you’d rather spend time doing something you enjoy — instead of staring at charts… While we cannot promise future returns or against losses, we have what may be the best way to target extra weekly cash flow… Get the Details here! ________________________________________________
🎥 LIVE TRADE ROOM ACCESS 🎥 Join me and dozens of traders each day inside my LIVE VIP Trade Room! Each day, we analyze the markets together, build relationships and, more importantly… go over market education and new trade ideas! With the VIP Trade Room, you’ll have the opportunity to multiply your trading knowledge and confidence as quickly as possible. I’ll take the time to answer all of your trading questions, so fire away! Make sure to join us LIVE each day! SCHEDULE: Monday-Friday: noon to 1 p.m. ET JOIN US HERE: http://rogerscott.com/viproom _________________________________________________ CUSTOMER STORY OF THE DAY Roger, I wanted to state my results for November in case you might have a use for them. Also mention that I'm a part-time trader (4 hr/day max), with a $50k-$60k option trading account. I trade your Trading Pit trades, VIP room trades, and trades from 7 of your services. I do my due diligence (really study the charts first and keep up with them every day and attend your morning and noon meetings---either live or recorded). 1st week: $5027 2nd week: $2076 3rd week: $2197 4th week: $8644 5th week: $5199 Thank you so much! I owe you one! With love and kindness, — Steven _________________________________________________Follow along and join the conversation for real-time analysis, trade ideas, market insights and more! Telegram:https://t.me/+_vmfwkeP8fA5YWQ5 *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.Join the Conversation Give us a follow on your social media platform of choice, and make your voice heard! |
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Laden...
Laden...
