A lot of people think a bottom is in, I’m doubtful of that. 

I don’t trust this rally one bit and what is interesting is how closely it follows the narrative from October 2018. If that happens, we will ultimately chop around for some time, before eventually seeing the ultimate rug pull that takes the lows from last week out, followed by a lot more selling. 

But all sell-offs are different and have their own unique characteristics, but it doesn’t hurt to observe the sell-offs from the past because you can also find a lot of similarities to them as well. 

As for the watch-list below there are a lot of good possibilities in the list, but I’m not going to jump 100% long on all of them either. Right now, I think you should still be skeptical of this market bounce. Thinking that the worst is behind us at this point is not a theory I am willing to subscribe to and am willing to miss out on some of the rally in order to manage risk and avoid unnecessary losses chasing that mystical bottom that so many traders try to capture .

Get all of my trades that I make real-time by jumping in the Trading Block and start making some profits for yourself! 

Here’s my watch-list of long setups I am following:

bullish watch list 3 30

join the swing trading block