Signals & Trading Plan for Thursday 1/2/20

Welcome to a New Year and a New Decade!  May you find Profits and inner Peace in your trading in the days to come.

In the intraday updates posted on 12/31/19, we described the 3 scenarios we were monitoring for.  It appears at this point, that scenario 1 is the one that’s happening. $SPX $NDX seem to be finding support in a narrow sideway zone.  $RUT has more dramatic moves, but it too is finding support by going sideway.

The full article covers:
Market Internal Indicators

• Volatility
  
• Market breadth
  
• Level of bullishness
  
• Overbought / oversold levels
  

Short-term Support & Resistance Levels

• For $SPX $NDX $RUT SPY QQQ TQQQ
  

Market Projections and Planning Your Trades

• For long-term portfolio
  
• For short-term trades
  

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