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$SPY A good chart to study to see what we were seeing late Friday
share.trendspider.com/chart/…
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$USO Oil
Some may think that I was wrong, but then maybe I just warned early; which is better than warning after a big sell off? Sure it could go higher but in my opinion there are other better and safer stocks to trade.
share.trendspider.com/chart/…
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$SPY
A picture perfect heads up by Jeff; one of our awesome traders in Discord, and well before the move higher later in the day. He also followed up with 2 more detailed charts shortly after to help guide everyone, along with describing in detail what he was seeing as the setup confirmed the likelihood of a reversal to move higher. Join with us. Satisfaction guaranteed
Also you'll see some of my most recent alerts, with charts.
livetradepro.com/
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This is a good example of not needing to buy at the very bottom for an entry and in fact it can be a better/safer entry to buy a stock after it's had some time to show some good, consistent price action. share.trendspider.com/chart/…
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$NKE Not the most exciting stock but step by step confirming expectations
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$TLT The higher they go, the more traders get excited. The thing is it's not unusual for a stock to give a good technical bullish signal much lower; so that you have less downside risk and higher upside potential.
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$SMH Semis
This close back above the 200 day average on heavy volume; maybe just a coincidence.
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I could be wrong but my thinking, especially considering the extreme sell off on the indexes that we had on Friday is that midterm elections will not have any real effect on the overall market. That said, please do not use a 1 min chart to tell me I was wrong lol :)
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$SPOT This is just one example of why our focus has been much more on other sectors/stocks for the last several weeks, while AI stocks have been selling off.
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$PEP Totally disregarding the indexes
share.trendspider.com/chart/…
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$XLF Bank stocks
Some sectors/stocks have been working well for some time now but getting mostly ignored, mainly because of the constant noise from those always posting about AI stocks, as if it doesn't matter that price doesn't agree with what's being posted.
I do my utmost and not perfect, but for some I believe at times that I want this more for you than you do.
Why I will always continually strive to get my best to you. But I can only do so much. You have to make your own decision.
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It's true in everyday life and it's true in the stock market
All I keep thinking about today is what I teach my kids on a regular basis "Don't ignore red flags" It's most often a clue that's telling you that there's trouble and that things can (and often will) get worse if you don't take the appropriate action
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