1 min read

Confusing price action before Thanksgiving Day

Confusing price action before Thanksgiving Day

A seasoned trader can tell we don’t have a complete attendance today due to the Thanksgiving Holiday tomorrow.

The market found a reason to go lower from the PCE data prints today.

I give props to those who gamble on today’s session as it was casino royale price action. It was very confusing. Fake outs and trading range experts would have made a good day today. Scalpers like me stayed on the sidelines.

💡
Disclaimer

I am not a professional investment adviser and my opinions are based on my own technical analysis. Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.