Post Holiday Blues Monday
Post Holiday Blues Monday
You know what my grandfather used to say after long holiday weekend? ‘Get back to work you lazy buggers!’ That’s right, your leisure time goofing off and chewing on left over turkey legs has finally come to an end. But there’s no reason to be depressed! This is it folks – we are officially heading into the Santa Rally Season. So put your game faces on and try to look busy! It’s time to bank some coin. Again.
Equities – a little dip lower while nobody was monitoring the tape. That’s cute but the grown ups are back in town, now kids – so move over and catch a broom. If you must know – my trailing stop has now been advanced to the prior spike low at 2035.25, which is slightly above the 11R mark.
EUR/CAD – possible long opportunity here given it manages to push above that NLBL. My stop would be placed below the current candle scraping the 25-hour Bollinger.
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You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.
Cheers,