Video: https://youtu.be/v6r82_auZKQThe market was down 2% as SPY violated the 200ma. It's also worth noting that the 50ma has started to curl downward, which means it will provide stronger resistance than if it was flat or still curving upwards. Keep that in mind if we ever get into bounce strategy mode. Best to remain patient. Gold and retail continue to provide relative strength. FANG stocks AMZN and NFLX look like they are topping.New focus list adds: DBX, SPOT, SFLY, SNAP, FB, NFLX, AMZN, BURL, UGLDFocus List: TQQQ, SPXL, FAS, SOXL, LABU, SOXL, NFLX, BRZU, KSS, M, LULU, FSLR, WYNN, Z, BBD, ITUB.Current Positions: Exited UWT at break even.
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)
