ES and NQ
ES: Hit all time high prior week and this week a healthy pullback. Could see more selling before testing the highs.
NQ: Trend up, a trade back down to the support line could be a nice short term trade. We could see more a pullback this week before maybe a year end rally back to the highs.
Dow 30 is all-time high this week and strong.
*
You don't have to trade everyday. If the conditions don't feel right or if
you're unsure of the current days trading environment then PASS on the trade.
Missed money is better than lost money. Day trading and the stock market
is not a "war" that you must win at all cost. Trading should be fun,
wait for only the good setups. Follow your rules, stick to your stops, and know
that everyday the market presents a new chess board.
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