Trade Report Video: https://youtu.be/-iEyRzDO_PMPremarket futures are down slightly after a big two day bounce. Now the key question is how far can we bounce and is this a dead cat bounce followed by a continuation down trend or have we recovered as in October 2014.Nobody has these answers. The best thing to do is play it safe, wait for clues, but still take a few calculated shots to profit if we do bounce more.Ideally we get a little pullback today, some intraday consolidation so we can take a shot at a UPRO or NFLX.Yesterday we took profits in UPRO for a nice 12 percent gain. We are still holding GOOGL which is now 14 points above entry level and AMZN which is back over our initial stop level.I will also look for VIX short opportunity if we bounce via XIV and watch a select few stocks:UPRO,VXX,XIV,GPRO,AAPL,NFLX,MBLY,GPRO,CMG,UARemember to stay patient and that CASH is a position.https://youtu.be/-iEyRzDO_PMRegister for my Free webinar Sept 2nd at 8EST. I will be talking swingtrading in these volatile markets!
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
August 28, 2015

