Market Report Dec 10 2021

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Market Report for Dec 10 2021

Buy and keep leaders.

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
S&P 500 +24.3% YTD
Nasdaq Composite +20.4% YTD
Dow Jones Industrial Average +16.8% YTD
Russell 2000 +12.4% YTD

Market Volume:
NYSE Vol: 819 mln (Below)
Nasdaq Vol: 4.4 bln (Below)

New Swing Positions:
EURUSD Short exited overnight with profit.

All the main indices suffered a bearish day on HiP day ranging from 0% ( Dow Jones Industrial Average ) to -2.27% ( Russell 2000 ).

Some profit-taking was not unexpected and with today being the last day of the week, there is a chance of traders not wanting to hold overnight so a falt to negative day might be a possibility.

Be a good samaritan and help those less fortunate. Outside of Dynamic Trader, if you see a fellow trader suffering from a trade they own that has been on the decline, offer to take it off their hands near support.

Not too much to do today as it is the last trading day so let us begin the weekend preparation.

Let’s go trade!