My Swing Trading Approach
Today’s follow through will be important, following Friday’s big technical move. Should that happen, I’ll look to increase my long exposure.
Indicators
- VIX – Substantial drop of 11.5% on Friday and dropping for a sixth straight day.
- T2108 (% of stocks trading below their 40-day moving average): One of the bigger moves of late. A 22.5% move taking the T2108 to 48.3%. The market’s health is rapidly improving but with plenty of room to still do more.
- Moving averages (SPX): SPX broke above the 50-day moving average and now above all the major moving averages.
- RELATED: Patterns to Profits: An Intro Trading Course
Industries to Watch Today
Industrials, Financials and Technology were the top three sectors. That is what you want to see in a market trending higher. These three sectors along with Healthcare are the healthiest ones to trade as they have all broken above the 2/27 highs. 
My Market Sentiment
Major move on Friday, with the declining trend-line off of the January highs broken as well as the 50-day moving average. Now it just needs to break above the February 27th highs.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 5 Long positions
Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
The percentage amount for your stop-losses and where to put them at when trading the stock market can be very difficult to determine. In this podcast episode, Ryan talks about times when it works using tight stop-losses versus very wide stop-losses and the tricks that you can use to narrow the stop-loss even further.
Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at: https://www.shareplanner.com/premium-plans
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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.
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