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With Direction UP on all Charts, Starting off the Day Looking for Upward Movement on the Emini S&P using the RDT MACDs

Dec 12, 2023

Hello my friends!  Here we are at a new week.  We did experience contract rollover and now is the time to make the decision if you want to stay on the old contract or move to the new one.  I have personally moved to the new one as I can see a lot of good movement happening here.  Just remember that, when rollover happens, the activity is split between the old and the new one—so things might seem to move a little slow.

Now, as for what we’re seeing happening in the market, we definitely can see the reason for more to the upside.  Every chart I have right now (233, 610, 1597, 4181, 10946, 28657 AND the Daily chart) are all set for more to the upside as we opened— And even though, in this time, it does have some divergences that might pull it back down, things are still looking up.

Learning how to anticipate that movement and knowing what to expect can be vital to making sure you, not only make the right moves as the market opens, but can drastically decrease the time you could find yourself spending in the market.  If you know what to expect right as the market is opening, then you can get in, get your trades done for the day, and then move on with your life to do all the things you enjoy with your time.

That’s why we do this job, right?  To have control over our time and what we want to do with it… and knowledge is definitely key when it comes to that!

Alright traders, that will wrap it up for this week.  I hope that you all are looking forward to a nice little holiday as we are getting deeper into December.  Keep working hard to reach your goals and you know that we look forward to catching YOU on the profitable side!

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