Technical Analysis:

Strong rally on S&P 500 (SPX) yesterday to jump start what is historically a bullish week of trading.
As has been stated in previous trading plans, the 5-day moving average continues to remain intact for the market as well as being tested on a daily basis.
Volume on SPDRs S&P 500 (SPY) dropped yesterday from the previous day’s reading and remains well below recent averages. Essentially, the high emotional-levels of traders buying everything in sight is receding, which means you may see some consolidation in the near future in price action.
CBOE Market Volatility Index (VIX) continues to get crushed for a third consecutive day, and dropping 3.4% down to 12.42. That is the lowest closing level attained since September 28th.
With the break of the rising trend-line from the August lows, I think the VIX is poised to test those lows again which would be 11.02.
United States Oil Fund (USO) appears ready to make a run again towards the October highs, following the massive breakout yesterday. In order to do so, any weakness today, must avoid a move back into yesterday’s gap.
SPX 30 minute chart continues to trend higher – a near-perfect series of higher-highs and higher-lows.
Nasdaq (COMPQ) established new all time highs yesterday with the Dow Jones Industrial Average (DJIA), Russell 2000 (RUT) and SPX.
Expect volume to get very light as the week moves closer to the Thanksgiving holiday.

My Trades:

Did not close out any of my long positions yesterday.
Added one new swing-trade to the portfolio yesterday.
I may add a new swing-trade to the portfolio, but am also content in riding the portfolio as it currently is. Very strong and profitable.
I am currently 50% Long / 50% Cash