My Swing Trading Approach
Going to take a cautious approach with this market today. Raise stops where I can, and even consider a short position if the market warrants it.
Industries to Watch Today
Big, big, breakout in Energy yesterday. Poised to retest its yearly highs again. Double bottom in Materials worth watching as is the case in Healthcare, Industrials, Discretionary, and Financials. Technology trying to hold on to higher lows.
My Market Sentiment
Strong rally yesterday, yet another potential reversal in the making. Price stuck in the range shown in the chart below. A big move in either direction will be required to change that.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance