It has been a while since I’ve seen an extreme reading on the SharePlanner Reversal Indicator. In fact, the last one was back in February of this year.Â
Not a lot to add here. The market still refuses to sell-off, so the long setups are the only way to go, for now. I even dabbled some yesterday to the short side with mix results. Right now, I just wait patiently for the market to give me the right opportunity to get short, and
Talk about an exercise in futility – coming up with these bearish lists of trade setups have been a waste of time for about 99% of the time so far in 2017. Yeah, there are some good setups on there, and you’ll find in the list below there are some great setups.
There's no sign of that happening just yet, but we have seen our share of moves to new all-time highs, only to see stocks get crushed in the days that follow. So, even with the market doing well right now, you need a contingency plan, just in case things suddenly go sour again. Below you
I’m not shorting any of these right now, but if the market does sell-off again, a lot of these stocks, especially the financials, will be nice candidates to short.Â
I was very satisfied with how profitable the month of August was for traders in the Splash Zone. The month was a very difficult one for traders in general, with its ups and downs, but here in the Splash Zone it was marvelous. We managed to take advantage of a couple of major sell-offs by
I am seriously trying to tempt this market to prove me wrong. For years now I have been providing you with a bearish list of stocks to watch for shorting purposes. Rarely has it ever been useful, simply because the bulls keep buying every stinking dip.Â
My Swing Trading Approach I’m choosing to stay flexible with my portfolio with a mixture of long and short setups. I don’t have a high degree of trust in this market, so maintaining the ability to flip the portfolio folio in either direction is key here. Indicators
Obviously the bears had a fairly difficult time keeping the bulls down from last Thursday’s sell-off. In fact, pretty much all the losses the market incurred by that sell-off has been wiped away already.Â
The bulls had everything going for them, and then they pulled a rabbit out of their hat and sank this market. I didn't even know that was still a thing! For so long now the bears have been the incompetent ones and now all of a sudden the bulls are the ones that completely head-fake