Video: https://youtu.be/_vwMzR4zp-0Mentorship Session Recordings: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipExtremely volatile day today with the market opening strong, then reversing and turning red before settling in near the previous close. The SPY hammer is still holding but there is not continuation. Nothing has changed with my overall bias which is slightly bearish but playing it cautious and patient right now. I am content to have 2 bearish plays and nothing else at the moment. BRIC countries showed relative stregnth today, but still not giving entry signals, while Oil still looks like it's bottoming but volatile.As previously stated my bias is slightly bearish, and I am currently short IWM via TZA and short NVDA. I will look to add if support levels break. I will not look to go long unless the market breaks out strong. I have no stocks on the longs watchlist. If the market continues down, I will look to add by using inverse ETFs SQQQ, SPXS, SOXS.Stop for TZA is moved up to entry level. Stop for NVDA short is $160.Trade small, don't get too aggressive and stay in protection mode.Potential longs: NoneRelative Strength stocks: ILMN, WK, CYBR, ORLY, CHEF, TSLA, PAYC, TWLO, CROX, SBUX, DECKPotential bearish plays: SQQQ, TZA, SPXS, SOXS, FAZ, NVDA, FBCurrent Positions: Short NVDA. Still holding TZAToday'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.blog.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.blog.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)
