Telegram Trading

The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading.

Assessment: Coming off the holiday weekend, so it could be volatile in the opening few hours of trading as traders reposition their portfolios after the weekend. I will wait until the second half of the day to see if we get hints of their plans for the rest of the week.

Volume should be returning and the bulls had an easy run last week…all the bears were on vacation. However, everyone should be at their desks and this week should decide which way the next leg is going. So, keep your ear to the ground and watch the key levels of support and resistance to gauge who is winning and how the conviction looks (based on volume within those moves).

Good luck in your trades!