Today was a nice consolidation day, with the indices just chopping around. If the indices can continue to trade sideways, we can hopefully work off overbought levels.
I’d like $SPX 3,835 to hold if this market wants to trend higher.
Here are today’s trades:
- I bought $SE at 50.46 and sold at 50.90.
- I bought $WYNN at 63.36 and sold at 63.90.
- I bought $SHOP at 35.28 and sold at 35.79.
The market is waiting for the FOMC on Wednesday.
Have a great Halloween!!
We’ll see you live tomorrow’s open to start the trading day.
All Star Charts Team