Comparing 17 years of the last trading day of the year

12/31/2020 08:39 AM By Matt Ratliff
Today is the last trading day of the year, let's take a quick look at what has happened on this day.

Day - Thursday

Opening Gap Direction - N/A

Market Status - The last trading day of the year

Instrument - ES, RTY, NQ, YM

Trading SetUp - Long

Market Trend - Bull

Trade Type - intraday Entry

Entry - 9:30 am ET (Market Open)

Exit - 4:15 pm ET (Market Close)



Note:  Most tests/studies are done going long using Future Indices.  This is done for several reasons; so you can easily compare different studies/tests, and because of the high correlation of these Indices to other instruments.  Make your comments and ask your questions below. 


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Matt Ratliff