What To Expect In December

Posted by Joe Duffy | Dec 7, 2023 | Joe Duffy's Trading Advantage | 0 |

Not really too much opportunity here except for very short term traders. In our daily Keypoint video for Wednesday morning (I’ve included a sample below so you can see it for yourself) I said that the highs are unlikely to be taken out and short traders could sell short futures/ buy puts on any early strength with the proviso “see profit/ take profit”.

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I think the opposite is likely for Thursday as it may well provide a rally for very short term traders. Overall I don’t think December will get very directional…. Not a tough call since November was very directional and we need to balance that. Great market for very short term traders, not those looking for swing trades.

Thanks,

Joe

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Joe Duffy

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