For Thursday,
We're still moving a bit higher for the time being - great for the pivot level traders - Thee is not a lot of volume out there - look for the bears to return after the new year begins.
I am going to hold a introduction to TradeMaven class next week on Thursday, Jan 3rd.
If you are interested in attending please let me know.
Upcoming Reports -
Thursday:
Durable Goods Orders 8:30 ET
Jobless Claims 8:30 ET
Consumer Confidence 10:00 ET
Friday:
NAPM-Chicago 9:45 ET
New Home Sales 10:00 ET
EIA Natural Gas Report 10:30 ET
Volume Weighted Support and Resistance for Thursday Dec 27th:
What is Inside Edge?
A comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TradeMaven’s Inside Edge features the necessary analytics and execution information in one place to speed up your decision process, keep you on the right side of the market, and eliminate so much of the noise that surrounds trading today. This unique forum is the brainchild of Charles Cochran – a trading pro who has spent the last 15 years fine-tuning a proven methodology that eliminates extraneous information and concentrates on the market activity that matters: the market activity that foretells the market's next move.
