The market freefall has given us no opportunity for low risk, high probability swing trade entries since Monday when we had two nice ones. Right now it SEEMS like the market should bounce, but there is no evidence to support the case for buying stocks. We are also at a point where it could continue lower, but that SEEMS like high risk due to where the market has come from recently.
My goal is to provide actionable ideas every day, but only if the market tells me the opportunities are there. The message the market continues to deliver is “it is better to be on the sidelines wishing you were in than it is to be in and wishing you were out!” I have no new opportunities for Monday and dont forget the market closes at 1PM Eastern. Merry Christmas and enjoy the extra day off on Tuesday!