Video: https://youtu.be/zx4Lm5DzeEQThe market is looking more and more bearish. 3 factors lead to a slight bias toward a breakdown: 1) volume pattern 2) retests of the 200 ma and 3) declining 50ma. This week we watch for a bearish break of the 200 ma, or a bullish run up to the 50 ma. One factor that could change the market outlook is if earnings season starts to show positive price reactions. Earnings season starts in full gear later this week when banks start reporting Friday. We'll keep an eye for a potential earnings trend.Cyberseciruty stocks have been added to the watchlist as they show relative strength, as does retail. Oil is popping this morning, along with biotech. The market is green premarket.Today's focus: PANW, CYBR, SQQQ, SPXU, SOXSFocus List: TQQQ, SQQQ, SPXL, SPXU, FAS, SOXL, SOXS, LABU, NFLX, BRZU, KSS, M, LULU, FSLR, WYNN, Z, BBD, ITUB, DBX, SPOT, SFLY, SNAP, FB, NFLX, AMZN, BURL, UGLD, X, FCX, LMT, DO, MRO, CVXCurrent Positions: NFLX
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)