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…
Click here to continue reading our new article on the equities.com web site.
When bullish momentum turns on a dime - navigating the treacherous waters of failed breakouts The markets can be merciless…
In today's volatile market environment, understanding technical indicators and market positioning is crucial for traders. Rick Pedicelli, a seasoned trader…
The Nasdaq 100 ETF (QQQ) has reached new all-time highs, presenting traders with fresh opportunities. Understanding key support levels becomes…
Missed the initial breakout? Don't worry - there's still a chance to catch that rocket! Today, we're diving deep into…
Discover the three powerful buy signals flashing in the Nasdaq and learn how to profit from the surprising shift in…
Could Tesla (TSLA) be gearing up for a major bullish run? Veteran analyst Rick Pedicelli breaks down five critical technical…