Trading Plan – Monday 16th November 2020: Equity indices edge up in quiet trading

Mark NugentNov 2020, Trading Plan

Trading Plan – Monday 16th November 2020: Equity indices edge up in quiet trading

Risk sentiment is indecisive on Monday morning, as is often the case. Global equity indices are up ever so slightly but the US10 year yield, GOLD, USD and JPY are all flat as a pancake. Some form of sentiment is usually established during the US session.

It is a reasonably light week on the economic calendar with little central bank activity. There is still no concession from Trump. Brexit negotiations drag on with the EU now saying that December 16th is the last possible date for an agreement to allow ratification by the EU member states before year end.

In the video, I discuss my four trading themes for the week.

A brief video of Trade 62 is available in the VIP Club members area.

I’ll be back on Wednesday with your mid-week look at the markets.

You can watch the video in the VIP Club members area HERE