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While in Canada we enjoyed a long Thanksgiving weekend, I see this morning that big moves yesterday in U.S. and overseas markets would have caused my trading setups for the S&P 500 and Nikkei to be stopped out. Those setups had given bearish signals for this week's open (see last Friday's post, below), but I won't be putting on those trades this morning (our weekly open in Canada) as the moves on Monday took them beyond their stop levels as of the day's close. I would have sold the two positions on today's open. In fact, I may consider short-term trades in the opposite direction (long) in those markets during the duration of those signals, based purely on technical price action. Good luck this week.