Opportunities on both sides of the trade despite huge market sell-off today
While the market is selling off hard and strong today, it hasn’t not managed to get beyond the opening print’s low price. Like most sell-offs we tend to see more of an opportunity to buy than to move further south and the same can be said again today.
The Tractor Supply (TSCO) long setup I actually bought into earlier today at $104.75. The short setup in Valero (VLO) while tempting is one that I will pass on simply because my approach to this market is still rather bullish.
Here are today’s lazy swing-trades
Long: Tractor Supply (TSCO)
Short: Valero (VLO)
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