The Wagner Daily – S&P 500, Nasdaq Reversal

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$sp 500 daily

The Wagner Daily – October 4, 2021

Below is the full, archived issue of The Wagner Daily swing trading report (sent to members the night before the publication date).

Subscribe now for your access to the best stocks for swing trading, proven Morpheus stock trading strategy, and market timing model with a 20-year track record.

Just drop us a comment with any questions or comments–we’d love to hear from you!

MTG Market Timing Model – sell  

Our timing model was designed to keep our trades in line with the prevailing market trend, not to call tops or catch bottoms in S&P 500 or Nasdaq Composite.

today’s watchlist (potential trade entries):

$todays watchlist

open positions:

$open positions

closed positions:

$closed positions

position notes:

  • No trades triggered.


The S&P 500 and Nasdaq Composite both closed with a bullish reversal candle last Friday after undercutting the prior week’s low. The reversal counts as day one of a new rally attempt. Wednesday is the earliest we could see a follow-through day buy signal, which occurs on day four or later of a new rally attempt.

$sp 500 daily
$nASDAQ COMP daily

Below are a few charts that have held up well lately and could be in play once conditions settle down.

DDOG daily
AMBA daily
GLBE daily
MDB daily

It’s tough to operate on the long side with the S&P 500 and Nasdaq still in pullback mode and below the declining 5, 10, and 20-day EMAs. Cash is king for now but conditions can change quickly.

The model portfolio is 100% in cash and waiting for a follow-through type day to get long. There are no new official setups for Monday.

Unofficial Setups – For experienced traders only, no guidance is given for these setups.

  • No new setups

Start my Wagner Daily membership now to start receiving winning Morpheus stock trade signals, including a stock portfolio you can easily follow. The Wagner Daily PRO includes live swing trader room for daily, real-time trade ideas and powerful stock trading education.

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