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Dow 20K Day

Posted by David Bean on

The highs today in the Dow are less than a point away from the 20,000 milestone. We are long and anticipate a move through 20K today even if the market pulls back mid-day and rallies through it right at the close. It is interesting how much of a big deal Dow 20K really is (but shouldn't be). The human aspect of trading and trading psychology will always be a part of the free markets.

Gap Fill and Reverse Crude Oil is long as well on a nice reversal in February Crude Oil going into the weekend. We have a webinar for the Gap Fill and Reverse trading strategy on January 25th. You can sign up for the Tradestation sponsored webinar here.


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