Video: https://youtu.be/AdEbpsH4xSIMentorship Vids: https://blog.blog.blog.bullsonwallstreet.com/swingmentorshipNote: Upcoming mentorship session discussed in video, along with sending me your results and my little battle with the flu.Today the market finally hit the April and February lows we have been predicting all the way back to early October. It has been a profitable run the downside, but now the question is "what do we do from here" heading into the end of the year. While we have a bearish market, we also have bullish seasonality in play with year end mark ups and the "santa claus" rally. As we have throughout this run, we will patiently wait for signals, not over-trade, and pounce when the signal presents itself.My focus right now is index plays. If SPY breaks below February lows, I'll look to enter SPXS (leveraged inverse ETF). If we get bounce signals, then SPXL. For IWM it's TNA and TZA and for QQQ it's TQQQ and SQQQ.Notice that tech is showing relative strength. India and Brazil are also strong..Trade small, don't get too aggressive and stay in protection mode.Potential longs: USLV, BRZU, BHP, TSLA, FB, NFLXRelative Strength stocks: ILMN, WK, CYBR, ORLY, CHEF, TSLA, PAYC, TWLO, CROX, SBUX, DECK, TWTR, NFLX, IRBT, WYNN, UA, UALPotential bearish plays: SQQQ, TZA, SPXS, SOXS, FAZ, NVDA, FBCurrent Positions: Short NVDA. NVDA stop is at $153.20 entry level.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.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)
