One of my favorite setups is the “breakout-remount” setup. Remounts happen all the time, but are most significant when they invalidate a breakdown trade. That’s exactly what happened to SPY and the overall market on Monday.
In today’s video, I show you why the current market remount is so powerful, the key elements that could propel this market to a run after breaking new highs, and how this move compares to recent moves that supercharged the market. We then hit a number of strong stocks to trade in rapid fire fashion.
Swing Trade Service
This swing trading service is great for those that work and can’t monitor the computer all day. We have in-depth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.
Check out the Swing Service HERE
Follow me, Paul Singh AKA “TheMarketSpeculator” on Twitter or email me at SinghJD1@aol.com.