Tuesday, December 6, 2016

End of Day Post

The markets moved higher for a second session in a row, as we look to put an end to last week's corrective move. It is too early in the week to comfortably say that the down move is indeed over, but this current market sentiment has remained bullish for some time now.

Last week's move lower has opened up some bullish opportunity. Staying in line with the current trend, we should look to take advantage of that. However, be mindful of how many bullish trades you add...you don't want to be too overexposed to the bullish side.

See you on Wednesday's Mid-Week Trading Room Update class!

Have a great night,

Your Maverick Trading Team