Trade Report Video: https://youtu.be/4cYQLkCkkKgYesterday we talked about the bounce and key inflection point and posed the question where do we go from here. After two days of consolidation that regained half the selloff move, we are set to open with a decent sized 2 percent gap down.The key now is whether the lows of the open hold. For SPY, at the close we would like to see a recovery up to the unfilled gap at $194.68. This would be a positive and might set us up for a resumption of the bounce. SPY is set to open around $193.60 about a half hour before the open.Keep an eye on the key levels discussed in the video for focus list stocks and current positions NFLX, GOOGL and AMZN. NFLX stop is lowered slightly as we use our gap down strategy for current positions.Focus List: UPRO, USO, GLD, IBB, XLE, X, FCX, NFLX, GOOGL, AAPL, TSLA, HRTX, UA, CMG, AMZNRemember to stay patient and that CASH is a position.https://youtu.be/4cYQLkCkkKgRegister 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
•
September 1, 2015

