End Of Day Post

The markets hesitated once again after another strong move higher yesterday. Overall, we have seen a pretty decent move to the upside this week, as each upward move is followed by a stagnant sideways day. There are some signs of reluctance from the bulls after each move higher. So far, we haven't seen an answer from the bears. The markets appear determined to get back to last week's levels.

We haven't seen much from the news headlines. With no change in the Fed policy, we should expect more of the same. Take into consideration, and respect, current support and resistance levels. We should continue to see opportunity in the out-performing stocks and sectors as we enter December's expiration next week.

Continue to implement bullish to sideways strategies into your portfolio and stay adjustable on a weekly basis if possible. November expiration ends tomorrow after the close. Make sure to address your positions and make the necessary adjustments for Monday.

• Bull: 65%
• Sideways: 35%
• Bear: 0%

Have a great night,

Maverick Trading