SPY was flat as QQQ closed below the old high triggering the “failed breakout” setup (see video). I used the trigger to enter long inverse ETF SQQQ, which shorts the Qs when you go long. Biotech also showed some weakness while commodities and financials were strong.
Focus List: FB, AMZN, GOOGL, NVDA, SNAP, STRP, DWCH, PETS, X, FCX, IRBT, LABU, FAS, SEDG, LABD, UA, POT, UVXY, LOW, ERX, SOXS
Gap up list: NFLX, NKE, AMTD, DWCH, SRPT, ATHN, PETS, SGMS, AKS, FCX, X, CA, ATI, IRBT, X, AMD, BA, ADP, TREE, BCOR, AXTI, AAN, BIDU, FSLR, ACHC, SOHU
Gap down list: HOG, GS, LOW, HD, AXP, GOOGL, AMZN, TWTR, BWLD, MAT, AKS, MD, OZRK
ETF Focus List: SPXL, FAS, SOXL, CURE, BRZU, YINN, EDC, UWT
Current Positions: Entered SQQQ. Still holding FSLR and NFLX.
ETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACK
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way
How To Use Swing Dashboard: https://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 For 2016: https://bullsonwallstreet.com/29-essential-swing-trading-posts-2016/
February Q&A: https://bullsonwallstreet.com/swingtradingwebinarqa/
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