Market Speculator Part-Time | Swing Trade Report

Paul
Singh
September 4, 2015
How to trade stocksbows-opengraphTrading-Watch-List

Trade Report Video: https://youtu.be/NHY1-kCCR8ISPY pulled back right at the open gap, filled it and pulled back, forming an "inverted hammer" candle at resistance. This leads to an expectation of pullback, which is why I re-entered the SPXU position (short SPY) near the close. Never be afraid to re-enter if the trade starts working in your favor.Keep an eye on SPY $191-192. This is a key level. If it holds we could bounce, if not the recent selloff and October low is in play. It might be worth taking a shot at one of our relative strength focus list stocks at this level.I am still holding GOOGLE and AMZN, both holding their 50 dma.Possible Shorts: UPRO, TSLA, FOLD, PTRA, CYBRFocus List: UPRO, USO, GLD, IBB, XLE, X, FCX, NFLX, GOOGL, AAPL, TSLA, HRTX, UA, CMG, AMZN, NBIX, RARE, VA, MNST, MBLYRemember to stay patient and that CASH is a position.https://youtu.be/NHY1-kCCR8I

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