Technical Analysis

My Swing Trading Approach With futures trading lower again, and with some of the profit-taking seen in technology, I am still looking at taking a cautious tone, coming into today. Adding another position to the portfolio will likely result in my closing out another, in order to avoid additional long exposure.  Indicators

My Swing Trading Approach I have been a little more conservative with my approach here. I have plenty of swing-trades in the portfolio – all with profits, but am somewhat hesitant to add more to the portfolio with as overbought as this market currently is. Not that I won’t going forward, but it needs to

My Swing Trading Approach At this stage, I am quite happy with the stocks I have in the portfolio. I am looking to play it cautious here, as I do not want to stock pile too many positions here. I’ll raise my stop-loss on existing trades. With low volume market conditions, I’m not

My Swing Trading Approach Follow through hasn’t been the market’s strong suit of late. I may add another position today, but I will not be extremely aggressive in doing so. I have a great set of long positions, will only add more if this market shows that it wants to build upon yesterday’s breakout.  Indicators

My Swing Trading Approach I will be looking at adding 1-2 new positions to the portfolio today as long as the early morning strength can hold up. I will look to increase the stop-loss on all my profitable, existing positions.  Indicators

My Swing Trading Approach At this point, it is hard to have any bias in this market while the price remains stuck in consolidation. Stay patience, stay ready. Patience defines a trader’s worth.  Indicators

I’ve been watching Micron (MU) all day long to consider where this stock might bounce at for an ideal swing-trade.  So far I have yet to pull the trigger on it. Though, had it bounced off of that trend-line off of the May 3rd lows, the opportunity would have been more than ideal. But

My Swing Trading Approach Huge bullish kicking candle pattern the last two days with the S&P 500 (okay, maybe not a perfect one, but close enough). I am optimistic, the bulls will try to put together a sustainable move here going forward and will add more positions as long as the market is a willing

My Swing Trading Approach I have one short position. I plan to play it cautious here. If the bulls choose to rally, the market today, I will look to add some long exposure, but plan, for now, to keep the short position as long as possible. Some technical damage on the SPX chart warrants

My Swing Trading Approach Considering what the market does with the current consolidation pattern, a breakdown may warrant some short exposure. I may have some opportunity on the dip buy, but overall, a conservative approach to the long side will likely be necessary today.  Indicators