Be Prepared for a wild week! All three indexes look ready to possibly break out to new highs. The $SPY $424.31 is a start but muted when we hit a new high we should see follow-through. So the muted follow-through is something that is must be studied. The $XLK is moving and being led by $MSFT. Also, $XLE looks ready to continue higher this could lead the move. Breaking a secular downtrend can lead to a multi-year move higher. The $IBB, the Biotech index is adding fuel to the $QQQ and helping the $SOXX carry the weight of the move. Both sectors are at key levels and look like they could break higher any day. The $IWM $231 resistance has flipped to support. $235 is our swing trade. A break of that level and we could add to our $TNA trade.
Key levels are marked on the charts. Letβs do this!
Letβs look at our Indexes
Letβs look at our stocks!
Subscribe to YouTube! πSubscribe and turn on notifications. Below is a video of the Top 10 stocks to buy this week! Itβs packed with actionable ideas. I walk through several trades. Consider making these videos a daily part of your routine. I go over the lessons from the trading of the pro series during them and point them out in real-time situations. ALSO, WE DO A DAILY PREMARKET VIDEO LIVE STARTING AT 8:45 AM EST. To get ready for the day. Itβs packed with information.
As always all investment decisions need to be made by the individual. We all have different risk profiles.No two people trade the same. Understand the buy points, stop losses, trims are suggestions. For example on stops. I want to see it close there at the end of the day.
You need to develop your own process. I am willing to help and offer feedback.
Please make sure you Subscribe to Twitter! πand turn on notifications. There are times my updates are timely in regard to the Newsletter as well as other ideas. I called levels on $UPST Friday.
You can see the timestamps.
Any questions please message me.
Thank you again for all the messages telling me how this Newsletter improved your performance and made you a better trader!
Wishing everyone Massive success! π
Now you can share the Newsletter!
πππ
Subscribe below!
πππ