https://screencast-o-matic.com/watch/c3eFFlVFECUThe market is up a fourth day in a row and is now testing key resistance levels. SPY is looking to remount it's 50 and 200ma's, while QQQ is testing the 50ma. This is an important level for SPY. If it fails here it continues the down-trending topping pattern. However, if we see strength next week and these levels get remounted, the market is back on uptrend. Software, IPO's and China are popping for a 3-4th day in a row off big down moves. This is the first leg of a bounce and many are coming into resistance. Another do or die level that will setup either shorts or longs for us next week. Big tech is very strong and many are set up for entries or close to it. Heading into the weekend I am keeping the SPXS on until we see a remount of resistance, and LABU is there to balance it. Stocks in play include NVDA, TSLA, AAPL, AMZN, TWTR, AMD, GOOGL, COST, TGT, ULTA, SIG, DKS, BABA, HUYA, BIDU, GOTU, PDD, MRNA, HOLX, PFE, HES, FANG, OXY, MRO, SLB, JO, WEAT, LMT, NOC, GD, HLT, EXPE, WM, MARA, RIOT.Re-open stocks: UAL, LUV, SAVE, JBLU, WYNN, PENN, LVS, MGM, SHAK, EAT, CAKE, CMG, HLT, MAR, CGC, RCL, CCL, BBBY, SHAK, KSS, M, WOR, X, CLF, FCX, SIG, CMG, DKS, LULUBig tech: FB, AMZN, GOOGL, AAPL, TSLA, DIS, TWTR, MSFT, AMD, CRMETF LIST: SPY, IWM, QQQ, GLD, GDX, TLT, UVXY, EWZ, FXI, RSX, USO, XLE, XLF, SMH, IGV, XCC, XHB, XAR, MJ, XLV, XBI, IBB, CLOU, SKYYCurrent positions: Holding SPXS and LABUhttps://screencast-o-matic.com/watch/c3eFFlVFECU
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
March 18, 2022

