Week of December 11
Bullish close post-NFP
Recap of last week:
Last week we went 3 for 3 on our trades.
Right after we entered a short position on TQQQ, the Nasdaq gapped down and traded almost 1.5% down on Monday.
Our short went up 580 basis points in less than 1.5 hours into the first trading day of the week. Huge winner, zero MAE.
Bonds rallied massively once gain this week. We are long from 83, but this trade simply does not want to stop printing money.
Last but not least, EURJPY continues viciously puking after our short entry of 162.26. From last Sundays Substack it proceeded to dump about 330 pips to close the week on the lows.
Onto next week.
Next move for markets?