The anatomy of a short sale (12% gain on a 3-day hold of $SOXS)

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As technical swing traders whose trading strategy is based on following the dominant trend of the market, we are not bothered when the stock market shifts direction to the downside because our proven market timing model continually keeps us trading on the right side of the market (or out of the market altogether at times). Last week, as the main stock market indexes fell sharply, we profited from several short and inverse ETF trades. In this article, we provide you with an educational walk-through and technical anatomy of one of last week’s successful swing trades in which we netted a 12% gain on a 3-day hold of $SOXS in The Wagner Daily newsletter…

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