Swing-Trade setups give us options for whatever direction this market ultimately takes.
We’ve basically been trading within a 4-5 point range so far on the SPX. There isn’t much more tolerance on my end before I’ll have to flip the switch and get more long if this market insists on pushing higher on the day.
WIth Palo Alto Networks (PANW) you have a long-term base that has formed and a very solid move currently taking place where the stock finally wants to make a move to old highs once again.
Should the market dive lower into the afternoon session of trading, then consider a short in Tata Motors (TTM), where multiple bearish patterns are forming to make the trade an alluring short.
Here’s today’s lazy swing-trades
LONG: Palo Alto Networks (PANW)
SHORT: Tata Motors (TTM)
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