"Over the hills and far away" is a phrase that I use to let DC Members know that I am travelling interstate or overseas and today,  Tuesday 12/04 was such a day. Thankfully I don't travel much as the rigour of trading demands an established protocol and at least some support from a number of supporting programs. Today I had to be interstate and juggle with the vagaries of air travel, traffic woes and the myriad of issues that most commuters face so Tuesday early AM which is Monday evening in US I set off on my appointed rounds and finished up in a dysfunctional airport juggling a single laptop and striving to hold a weak wireless signal to download Monday's EOD data whilst trying to ignore the noise and bustle of the happy hordes who presumably are heading on holidays. In these circumstances I post only the strongest and clearest signals for DC Members as the subtlety of correlations and momo studies etc are not available. 

So I posted only three Futures signals but one of them was to sell the S&P on Tuesday and under our correlation rules that meant that Members should sell any of the major US indices. Back at base after a 24 hour turnaround the mood is joyous after S&P gave up 3% to comply with its DC sell signal. What this shows again is that everything we need to know in order to frame our daily trade signals is captured by the last daily bar on any chart. Monday's gap up reversal bar whilst overbought on many timeframes said it all. I trust you all filled up your Equity curve. Simply put we recommended a buy for Monday 11/26 and the sell on Tuesday to capture all of the rally and mark Monday 12/03 as its top to start off what will be a wild and wooly Decembers trading. Nice enough!

And take a look at the Members chart for ES. The famous DC Black line at 2797 told the story as it rejected the optimistically charged final bar in the rally. The DC Black line is the final level of support/resistance in any market and of course the near 100% retracement in the rally set up the DC Hook trade for those who knew. And Monday's high was just 6 ticks from the DC Red line at 2815.50. Fun!!

U.S. stock markets will close Wednesday, Dec. 5, to honor former President George H. W. Bush, who died Friday night at age 94. So will other U.S. financial markets. The New York Stock Exchange, Nasdaq and CME will hold a minute of silence Monday morning. The NYSE will close for all of Wednesday. So will the Nasdaq. CME Group will close U.S. equity-based equity markets as well. US Bond markets will be closed.

 The US Thanksgiving Holiday falls on Thursday 11/22 this year. US markets will be closed for the holiday and markets will be thin on the Wednesday and then we have a half day of trading on Friday so also thin. Effectively we will lose Thursday and Friday as trading days and as usual we need a full day of trading to reset the charts after a market holiday so last T.03 and PLUS signals for this week will be posted on Tuesday evening for Wednesday's trading and next T.03 and PLUS signals will be issued on Monday evening 11/26 for Tuesday's trading. Forex will trade as normal. Best to get flat on all positions on Wednesday PM.

Happy Thanksgiving to all and enjoy the celebration.

 Lots of big power moves today largely reversed in the PM and that shines a spotlight on knowing the trend in trading. Likely reaction was PPT at work but looking at the charts those snapback rallies were consistent with counter trend trades. Make sure you register for Thursday's webinar where I will go through all of today's reversal trades in detail. Bottom line we pulled abour $6770 from today's trades using our 6S technique.