With the holidays coming up, I’m looking at where the indexes could be headed for December.
And in today’s video, you’ll see how the latest resistance on the SPY could open the door for a “Santa Claus” rally.
I also have a new trade setup for you on a recent earnings loser.
Click the image below to get that trade.
YOUR ACTION PLAN
Chipotle (CMG) has a very nice basing pattern forming with a large gap to fill. It has a point of control below price, so buyers are happy. My plan for entry is to get as close to the point of control price ($32) as possible, and go out to the December monthly calls.
