In this week’s Weekend Profit Navigator I provide a weekly market recap for the week ending November 23. Included are the key trading levels for all of the SPDR sectors and Indexes. Timely commentary is aimed at keeping you on the right side of the trade.
Trading during the Thanksgiving week was one of the poorest on record with all the major averages down significantly. Early morning attempts at rallies were routinely stymied with price closing on the lows and pressing towards re-tests of the October lows.
This week will have many catalysts with several FOMC members, including Chairman Powell, speaking this week, and FOMC minutes being released Thursday at 2pm. On top of that the G20 kicks off on Friday. Pre-meeting rhetoric also has the potential to move the market in either direction.
In the Navigator, I breakdown all the indexes and SPDR Sector weekly charts and provide the trading levels to be aware of.
Because of the number of charts and for your own convenience, a copy of the Weekend Profit Navigator can be downloaded from DropBox with this link.
Download there Weekend Profit Navigator HERE
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Hope to see you soon!
Happy Hunting and Good Trading
