Weekly Plan 1/15
Jobless claims and Retail sales
Hello traders,
Hope you had an excellent long weekend( I caught up on sleep, that was pretty good).
Recapping last week a few trades
I only took 36.5 pts on this trade but a few followers held it for 250pts or so.
I will hit my email length limit if I keep posting these, so you can go to my X(FKA twitter) profile and see the rest there.
Adding one trade I took when writing this plan
Moving on,
Our main focus this week is on retail sales and jobless claims. On a softer PPI, markets did not rally and that categorizes it as “news failure”. Good news should rally the market and if it does not we may be seeing lackadaisical buying causing a pullback.