Key Points for Today’s Premarket Insight:

• Economic Outlook
• Trump vs. China trade war headlines
• Fed Speakers kick off FOMC week at 15:30 EST.
• Bottom for Bitcoin and crypto friends?

Stay calm, plan the trade, and trade the plan.

COB Recap

Total profit/loss = $-350

• Just bad timing all around the board.
• Picked the wrong day to trade RTY
• Took NQ trade at the wrong time.

Just had bad timing the whole day. Actually, I was thinking of not trading today because I have so many other things to do. Historically, I don’t trade well on days like when I feel like not trading. Maybe I need to start taking the hint in the future…

For real-time insights follow me on Twitter! @Mv3Trader

Comment below with your opinions and questions.

Rob

Mv3 Trader

“Trade Consciously”

Premarket Insight

• Cyber Monday – watching retail stocks for how traders react
• Volume strength – Moderate
  • Above 100k volume – CLF19

Bulls everywhere in the premarket for my watchlist (NQ, CL, GC, 6E). Price action pretty much hanging out, resting coming into the open bell.

See video below for my technical analysis of the overall market action and news.

Stay calm, plan the trade, and trade the plan.

COB Recap

Total profit/loss = $-315

• Market way too choppy in the morning session.
• Finished trading before 10:30 EST.
• Took two losses with no wins.

For real-time insights follow me on Twitter! @Mv3Trader

Comment below with your opinions and questions.

Rob

Mv3 Trader

“Trade Consciously”

Premarket Insight

Last full trading day of the week and a busy one as expected. With QQQ and SPY gaps to fill, traders are expecting some rebound to take us into the holiday. Looking at Nasdaq futures, currently up more than 1.45% and climbing, looks like its ETF equivalent will gap up into the open. Of course, we know we must ALWAYS be prepared for anything. Also, Economic Outlook showing a full schedule through lunch and a couple more earnings to report but nothing that should make a major impact on the broader markets.

Premarket volume check showing a ton of strength with NQZ18, CLF19, and 6EZ18 well above 100k of volume early. All four contracts on my primary watchlist (NQ, CL, GC, 6E) trading bullish. Minor exception is CL can be seen as slightly neutral but is definitely climbing, support by the VWAP on the 5-minute chart.

Stay calm, plan the trade, and trade the plan.

COB Recap

Profit $10. Hard boring day for me to trade.

For real-time insights follow me on Twitter! @Mv3Trader

Comment below with your opinions and questions.

Rob

Mv3 Trader

“Trade Consciously”