Market Speculator Part-Time | Swing Trade Report

Paul
Singh
June 24, 2022
How to trade stocksbows-opengraphTrading-Watch-List

https://screencast-o-matic.com/watch/c31Zb4V0fXaThe first key resistance level that we have been watching closely has been remounted this morning. While the overall bearish topping formation is still intact, this is constructive and the first step to a potential real rebound in the market. Our bias is still that there will be a continuation of the bearish topping trend, if there is a bounce to the 50ma and remount, that bias would go from bearish to neutral. Short term, as long as the 9ema holds, we continue to look for bottoming formations. Energy and commodities continue to look like they may have peaked, which is good for the current market as it would indicate a potential peak in inflation. This in turn would lead to more market friendly Fed decisions. Stocks in play for rubber bands or bottom formations include SPXL, TQQQ, TNA, TARK, SOXL, FAS, DBI, DKNG, PAYC, TEAM, INTU, PLTR, BSY, SNAP, DKS, JMIA, URBN, YETI, ULTA, LLU, TOST, SNOW, CEIX, PFE, LLY.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: Still holding YINN ZM.https://screencast-o-matic.com/watch/c31Zb4V0fXa

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