Video: https://youtu.be/jRSZbU9k7xMIn a short span SPY has gone from testing the top of the "sandwiched" moving average range to the bottom as we near the 200 day moving average. A break below this level sets up potential shorts. Financials have shown weakness and XLF is opening below it's 200ma. This is a potential short as well as index plays on SPY and QQQ (SPXL, SPXU, TQQQ, SQQQ, FAS, FAZ). Energy continues to show relative strength. TSLA is gapping down on earnings.Today's watch: TSLA, FAS, FAZ, FB, NFLX, GWPH, BIDU, RACE, LABU, TSLA, WYNN, , SPXL, TQQQ, SQQQ, SPXU, UWT, ERXFocus List: SPXU, SPXL, SQQQ, TQQQ, UWT, XLE, RIG, DO, CVX, OAS, AAOI, SQ, GRUB, FB, AMZN, GOOGL, X, FCX, M, LULU, URBN, SPOT, TWTR, WBAI, FSLR, SEDG, TSLA, RACE, BABA, BIDUCurrent Positions: Entered NFLX as trend continuation setup. Still holding WBAI.
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Wayhttps://blog.bullsonwallstreet.com/23-laws-part-time-swing-trading-market-speculator-way/How 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)
