Trade Report Video: https://youtu.be/bI2kWcTva6MNice bounce yesterday as the market remounted the 200dma. The new key level is the price resistance in the $204-205 range and the 9ema. If these levels get taken out resumption of uptrend could be in play rather than the dead cat reflex bounce.Keep an eye on financials, FAS. Best bet is to trade conservatively. The easiest trade is still more downside followed by a capitulation event that signals long entry, but we don't control the market.New focus list additions: YELP, AMD, NGL, AMZNIn times of volatility like this, I keep the focus list limited to indexes and a few stocks.Remember we don't care about the news, only the price action to the news.Focus Shorts List: potentially everything. Focus list for the week: SPXL, NUGT, JNUG, UWTI, DWTI, IBB, LABD, LABU, BIB, XIV, VXX, GOOGL, NFLX, KORS, LULU, ERX, TSLA, GS2016 Stats: http://bit.ly/1NFgq7C (UPDATED Saturday)Current positions: Stopped out FB. Still holding AMBA (stop 48), UGLD, VXX, and SWN ($11.75).Indexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN, XLF, FAShttps://youtu.be/bI2kWcTva6MPlease read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.How To Use Swing Dashboard: https://blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/Member Only Webinar Recording: https://vimeo.com/152938272New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(twitter.com/PaulJSingh)
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
June 29, 2016

