Although we are hard at work here at Schaeffer’s on Christmas Eve, it’s certainly a good time to step back, and remove yourself from trading for the next few days. In all likelihood, you won’t be missing much today (market closes at 1 PM Eastern Time today). Trust me when I say that it is going to be a slow day.
The market continues to make new highs (S&P 500 daily chart featured below), and it will be interesting (to say the least) to see how we finish the year. Are we already in the midst of the “Santa Claus rally“?
Take a step back from your monitors and enjoy the time off.
Happy Holidays and good luck trading out there.