Trading Plan for Dec-16-2019



Big Picture SPY:


Hits all times high on the weekly chart at 317.32

Volume is slightly low. Keep an eye on it.


On the daily, a nice uptrend since October, volume is high on the last two days but price is struggling.


On the 30-MIN chart, tight consolidation on Friday. Keep close attention for a possible break to the upside if volume shows. S2 at 312.03 – S1 at 315.46

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