Video: https://youtu.be/0cVO1FiMoEUThe market pullback back hard off extended levels on Friday and is gapping down premarket as well, although recovering from premarket lows. We now manage our current positions and watch key support levels closely for bounce or failure (see video). The market is showing weakness in almost every area outside of crude oil. The watchlist is narrowed to start the week as our focus is on index plays, UVXY/SVXY and a few select stocks that move with the market.Focus List: UVXY, SVXY, AAPL. FB, AMZN, GOOGL, X, FCX, LABU, XLE, UWT, SMHCurrent Positions: Added URBN (short), NFLX. Still holding LULU (short), SQQQ, TSLA
Please 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: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
