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A Losing Day breaks our 11-day streak in Mentor Mike’s live TRADING ROOM for Tuesday, 12/23/14

A Losing Day breaks our 11-day streak in Mentor Mike’s live TRADING ROOM for Tuesday, 12/23/14
 

After 11 consecutive winning days in our live TRADING ROOM, we once again prove we are human after all. Our score today was 4 out of 7 and -$2,065.50. As bad as that sounds, our average for the seven Trading Room days so far in December is still in excess of $1,900 per day.

The market never really broke out of its relatively narrow range. None of our winners went beyond the first target. And, our three back-to-back losers were all taken on good signals but lacked the volatility to go anywhere.

The ES daily volume that normally tops 1 million contracts easily, didn’t even make it to 800K today. Many pros take the last half of December off, but I want my GADGETS to test their skills under the widest variety of market conditions.

If you are a non-student reading this online, remember our holiday tuition discount ends one week from tomorrow.

Everyone enjoy this time with family and friends. We will be back in the live TRADING ROOM next Tuesday.

Today’s Charts

Here are today’s screen captures.  They may include my personal chart, the TRADING ROOM demo platform, charts submitted by students and/or my running intraday Elliott Wave count in the S&P Emini.  Please click on a chart to make it larger. 

Chart #1

Chart #2

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