Not really sure how the holiday will pan out since the other markets will be open. I expect a big gap in EWW one direction or the other, hopefully up, lol.
Tough to trade when the market melts up along the upper because you have no idea when it will drop , risky trade with options, so just a few small plays. No idea which way the gap goes Tuesday, will update this sometime Tuesday.
Also, see my SPX chart, we're almost at the top of the channel, but that does not mean we'll tank, the market could melt along the upper .
When it melts along the trendline, you can either follow the pump and hope it continues or short it and hope it breaks. Either way it's trading on hope.... which is not good.
Not rolling into puts until the Fed meeting, and I usually don;t short indices, but it might be tempting to do so that afternoon.