The markets gave back their gains from yesterday as we continue to see consolidation at these levels. We haven’t seen the markets give or gain any ground over the last couple weeks, but this was to be expected over the holidays.
Volume has been very light, and regardless of tomorrow's action, we shouldn’t put too much emphasis on any "one" move without volume behind it. Tomorrow is the last trading day of 2015 and we don’t expect much, so consider keeping your fingers off the trigger until later next week.
Happy New Year,
Maverick Trading
Over the years, we have spent thousands of hours talking with our traders and answering their emails. We have a huge collection of really great information that only benefited the specific traders who we were interacting with. So, we decided to start sharing all of these gems of knowledge with everyone.
