Here's My Plan For Today...

Today's article will be brief, bordering on not having much to say. The market continues to grind and offer few setups. I have rarely found it of any value to trade after the morning session pre-holiday. Given how the market have been trading of late, I see no reason to hang around after the first hour-and-a-half. Do yourself a favor, turn the computer off and get started on the long weekend. The market will be here on Tuesday, and hopefully it too will be rested and ready to offer more.

I will be out of town on Tuesday and Wednesday next week. As of right now there will be no article on either of those days, but I will be able to provide the S&P and Nasdaq Support and Resistance numbers.

Enjoy the weekend.

Dave Floyd

P.S. My new trading service, "Dave Floyd's Trading Room," through which I offer live real-time audio commentary, analysis and alerts, is now available. I encourage you to check it out. Click here for more information.

P.P.S. I also have a new trading module available which teaches how to trade my HVT style through bar-by-bar chart simulations. Click here for information about the module.