After a gap down at the open, the market spent the next two hours in a choppy, sideways consolidation. My entries were too slow and cautious so by 9:00 am PST, we were in the hole nearly -$1,200.

Luckily around 9:20, the market finally gained some bearish volatility and I was able to use CFB Mode to get back in the money with a score of +$234.50. And, that’s where we ended up when the ROOM closed at 12 noon.  FYI, that gives us a grand total of $14,000 net for the eight TRADING ROOM days in December and a daily average of $1,750.

If you are a non-student reading this online, remember our holiday tuition discount ends at midnight, NEW YEAR’S EVE, 12/31/14.

Everyone enjoy this time with family and friends. We will be back in the live TRADING ROOM on the first Tuesday of 2015.  Join us and make 2015 your best year ever.  HAPPY NEW YEAR!

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.