My Swing Trading Approach
I am concerned about the breadth in the market as stocks, as a whole, are not rallying with the indices. The T2108 is actually diverging, and should that continue into today, I may hold off adding any new long positions.
Indicators
- Volatility Index (VIX) – Dropped 6% yesterday and gave up all the pre-market gains, yesterday. Bearish engulfing candle pattern formed.
- T2108 (% of stocks trading above their 40-day moving average): Bearish divergence still with breadth, as there was only a 1.7% increase, yesterday.
- Moving averages (SPX): Continues to test and hold the 5-day moving average, for a fifth straight day. Trading well above all other major moving averages.
- RELATED: Patterns to Profits: Training Course
Sectors to Watch Today
Materials was the leader for the market and bounced perfectly off of the 200-day moving average. Technology chart looks solid and ready to establish new all-time highs once again. Cup and handle pattern on Discretionary. Industrials appears uncommitted to a direction. Energy still pulling back, could find some support here today.
My Market Sentiment
The resistance, as expected, at 2801 was finally broken, now the all-time highs established in January on SPX, becomes the goal. Volume on the overall market though remains very light, as is typical during the summer.
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
📈 START SWING-TRADING WITH ME! 📈
Click here to subscribe: https://shareplanner.com/tradingblock
— — — — — — — — —
💻 STOCK MARKET TRAINING COURSES 💻
Click here for all of my training courses: https://www.shareplanner.com/trading-academy
– The A-Z of the Self-Made Trader –https://www.shareplanner.com/the-a-z-of-the-self-made-trader
– The Winning Watch-List — https://www.shareplanner.com/winning-watchlist
– Patterns to Profits — https://www.shareplanner.com/patterns-to-profits
– Get 1-on-1 Coaching — https://www.shareplanner.com/coaching
— — — — — — — — —
❤️ SUBSCRIBE TO MY YOUTUBE CHANNEL 📺
Click here to subscribe: https://www.youtube.com/shareplanner?sub_confirmation=1
🎧 LISTEN TO MY PODCAST 🎵
Click here to listen to my podcast: https://open.spotify.com/show/5Nn7MhTB9HJSyQ0C6bMKXI
— — — — — — — — —
💰 FREE RESOURCES 💰
— — — — — — — — —
🛠 TOOLS OF THE TRADE 🛠
Software I use (TC2000): https://bit.ly/2HBdnBm
— — — — — — — — —
📱 FOLLOW SHAREPLANNER ON SOCIAL MEDIA 📱
*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.




