Wow. All I can say is Wow. The markets continue to make all-time highs, even on low volume. Of course, low volume suggests that the smart money has taken a break and gone on vacation. But that doesn’t keep us from profiting from the very nice “Santa Claus Rally”. In today’s update, I rifle through the major markets showing why.
From the Charts
All the major stock indices have posted new highs this week. The S&P, Dow, Nasdaq, and Russell. Staying with the trend and trading your rules have show good fruit I hope. I know the rules I have shared with you are really making a difference, so I hope you are learning with me. All I can say is wow.
One last note is on Gold. I pointed out several weeks ago that gold was starting to glitter again HERE. For the past two days, gold has broken out of consolidation to the upside, and all the signs of a rally are in play. Intraday traders have done well trading to the long side.
The Hawkeye Perspective
How do we know when markets are about to break? I’ll show you everything in our upcoming live training event you don’t want to miss. It’s called Project V-Swarm Live and I would love to meet you there. Here is a link for more information about the event.
Learn to trade the Hawkeye way.
Click Here for the Free Book (The Lost Art of Volume Price Analysis)
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Join Randy in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. You will learn more about volume and volume price analysis and see more examples and live trade setups. It is open to all.
Click this link for more information or to join us in class.
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