On the daily chart of the S&P 500, the market is no doubt flawed, but today if found support off a long-term trend-line that began back in December 2012 and that trend line was tested and held just like it did back in August last month.
I’m not overly confidence at this point that the market has put in a bottom, but if this market does go green and holds it together, then it will be quite persuasive that a bottom has been reached.
Until then, feast your eyes on some of my most favorite trade setups out there right now.
Here’s my bullish trade setups:
Welcome to Swing Trading the Stock Market Podcast!
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.