Video: https://youtu.be/pr14HUxaRsM*Next Mentorship Session (2018 Stats): https://attendee.gotowebinar.com/register/7934177454955404803Mentorship Recording: https://blog.bullsonwallstreet.com/swingmentorshipThe market is breaking down as all three indexes fall below key levels off significant moves. QQQ and IWM are both below their 50 day moving averages and SPY is below the 9ema, while it's equal weighted ETF RSP is below it's 50 ma (see video for why this is important). We have been expecting a pullback due to poor market breadth, and have not been caught since we were all in cash (see video for discussion on the important of this in swing trading).I may establish a short position today in something like BIDU or AMZN. Areas still showing strength include oil, energy and financials.Focus List (both short and long): AMZN, BIDU, BRZU, UWT, FAS, TQQQ, RIG, DO, IRBT, ILMN, TEAM, SHAKIPO LIST: ROKU, HUYA, SPOT, IQ, SHOP, DBX, APRN, BILI, NTNX, BRUB, AAXN, OKTA, SNAPCurrent Positions: Took profits in NFLX and ERX.Today's video:
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Wayhttps://blog.bullsonwallstreet.com/23-laws-part-time-swing-trading-market-speculator-way/How To Use Swing Dashboard: https://blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/29 Essential Trading Posts: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
