Video: https://youtu.be/V1mqQqeKaRkThe market put in a nice continuation move off the Friday bounce, which I used to add a position in relative strength sector biotech with LABU. Our TQQQ position was up 10 points and is now in a position where we can move stops up to break even and turn it into a "free trade". Premarket SPY and QQQ are pulling back but still holding much of yesterday's gain. The plan is still to stalk the market for a push up over the 9ema and 50ma resistance levels. That's where I will look to add positions.Now we watch for continuation and clearance of key resistance levels. After each level clears we become more bullish. If they fail we go market neutral or bearish depending on the action. It's important to be adaptable in this market and not come in with any directional bias.Our focus list strategy is to add bounce plays and relative strength stocks.Focus List: SOXL, NVDA, LABU, KSS, URBN, BKE, TWTR, SNAP, FAS, FB, AMZN, GOOGL, NFLX, FCX, X, WTW, BABA, BIDU, BACurrent Positions: TQQQ
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)
.png)
