My Swing Trading Approach Less is more in this market, and I intend to do exactly that. I have one short position on this market, and will look to ride it today. I will add more short positions, if key price levels are violated. Indicators
My Swing Trading Approach I went 100% cash once the selling began yesterday. Late day sell-offs are making this a very difficult market to rely on here. Trading a small number of positions is a must here. Indicators
My Swing Trading Approach The bulls have to show me that they can overcome yesterday’s bearish engulfing candle pattern. I won’t add further long exposure to the portfolio, unless price stabilizes right here, and I will be tightening my stops in a big way on my positions in order to secure profits. Indicators
My Swing Trading Approach I will be looking to manage my existing positions first, and may let my portfolio ride out here, rather than adding new positions today. Indicators
Corrections are 10% pull backs, Recessions are 20% sell-offs. So far the real estate sector has seen a decline of about 5%.