Video: https://youtu.be/Rv6Ln5WAp2I
After spending the day in the green SPY and many big tech stocks put in a late day reversal and close down for the day. This could trigger a healthy pullback. If the market pulls back watch how SPY reacts to the 9ema and old high in the $239-240 range.
Oil showed strength yesterday but is down premarket.Oil inventories are today. If a strong trend develops post release there's potential for a bounce play.
Wed Focus List: AAOI, WIX, NTES, OAS, CENX
Current Positions: Still holding AMZN and X.
https://youtu.be/Rv6Ln5WAp2IETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKPlease read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator WayHow 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/29 Essential Trading Posts For 2016: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/Webinars: January: https://vimeo.com/152938272 February Q&A: https://blog.bullsonwallstreet.com/swingtradingwebinarqa/February: https://blog.bullsonwallstreet.com/pages/swing-trading-webinar-feb2016.htmlMarch: https://blog.bullsonwallstreet.com/webinar/paul-singhs-top-five-stock-picks/May: https://blog.bullsonwallstreet.com/webinar/day-swing-trading-energy-sector/June: https://blog.bullsonwallstreet.com/webinar/state-swing-trading-2016/#replayNew subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)